Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...

Albania: Electricity production falls...

According to data from the Albanian Institute of Statistics (INSTAT), electricity production in...

Romania: Energy Vault partners...

Swiss energy storage company Energy Vault has signed an agreement to provide up...
Supported byClarion Energy
HomeSEE Energy NewsCroatia: Oil imports...

Croatia: Oil imports from Azerbaijan surge 4.3-fold in early 2025

Croatia has significantly increased its oil imports from Azerbaijan in the first two months of 2025, marking a major shift in trade dynamics. According to Azerbaijan’s State Customs Committee, Croatia imported 338,900 tons of crude oil and derivatives from January to February 2025, valued at $188.2 million.

This represents a sharp rise compared to the same period in 2024, with an increase of $137.7 million—a remarkable 3.7-fold growth in value. In terms of volume, Croatia imported 259,700 tons more than last year, a 4.3-fold surge. This increase has positioned Croatia as the fourth-largest importer of Azerbaijani oil, underscoring the strengthening economic ties between the two nations.

During the same period, Azerbaijan exported a total of 4.8 million tons of crude oil and petroleum products, generating $2.7 billion in revenue. The growing demand for Azerbaijani oil reflects Croatia’s energy diversification strategy and increasing economic needs.

Total trade between Azerbaijan and Croatia reached $189.2 million in early 2025, marking a 3.7-fold increase compared to the previous year. While Croatia’s oil imports soared, its exports to Azerbaijan recorded a modest $966,000, reflecting a slight 2.9% year-on-year decline.

Azerbaijan’s foreign trade turnover for January-February 2025 amounted to $8.9 billion, a $1.7 billion increase (23.2%) compared to the same period in 2024. The oil sector continues to drive much of this growth, reinforcing Azerbaijan’s strategic role in the European energy market.

With Croatia’s rising oil imports and Azerbaijan’s expanding export reach, this evolving trade relationship highlights the importance of reliable energy partnerships in an increasingly dynamic global market. As both nations explore further collaboration in the energy sector, their economic ties are expected to strengthen, fostering greater stability and cooperation in the years ahead.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Slovenia: Wind Energy Association calls for balanced policy consultation

The Slovenian Wind Energy Association (GIZ) has expressed concern that recent political debates on wind energy are being shaped by what it views as an unbalanced event. The association says conclusions from a June consultation in the National Council—attended...

Romania: End of price caps and VAT hike drive sharp rise in electricity bills

Electricity bills for July and part of August 2025 in Romania are significantly higher than in previous months, driven by multiple factors. A heatwave increased consumption as air conditioners and cooling devices were used extensively. At the same time,...

Bosnia and Herzegovina sees mixed energy output trends in June 2025

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity production in June 2025 totaled 1,000 GWh, compared to 1,028 GWh in the same month last year. Hydropower plants accounted for 26.4 percent of total gross...
Supported byVirtu Energy
error: Content is protected !!