In March 2023, oil supplies from Azerbaijan to Italy increased 40.4% YoY, while in Q1 of this year they decreased 18.7% YoY to 2.183 million tons.
Italy's top five oil suppliers are Azerbaijan, with 973,000 tonnes, Iraq with 738,000 tonnes, Saudi Arabia with 718,000 tonnes, Kazakhstan with 504,000 tonnes and Libya with 489,000 tonnes.
Oil imports to Italy in March increased 21.6% compared to the same period in 2022, to 5.416 million tonnes, the Ministry said.
Azerbaijan has stepped in to fill some of the gap left after Russian flows were sanctioned.

Bullet Energy Bullets Homepage Commodities

Andrew Couper

Bullet Energy Bullets Homepage Commodities

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Azerbaijan Top Oil Supplier to Italy March