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<root>
    <author>ENA</author>
    <category>Global</category>
    <date>2025-09-22 16:41:30</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Sep 22 (KNN)&lt;/strong&gt; Azerbaijan has resumed crude oil exports to India following a 10-month hiatus caused by pricing disagreements, according to sources familiar with the matter. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In August, Azerbaijan exported 1,747.07 tonnes of crude oil to India, valued at USD 781,520, as per its customs data cited by ET.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Energy cooperation has been a cornerstone of economic ties between the two countries. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In 2024, India ranked as the fourth-largest buyer of petroleum and petroleum products from Azerbaijan, importing 1.17 million tonnes worth approximately USD 729 million. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In 2022 and 2023, India had been the third-largest importer, with shipments exceeding 2 million tonnes annually, valued at USD 1.6 billion and USD 1.2 billion, respectively.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;India is also a significant investor in Azerbaijans oil and gas sector. &lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Officials said the resumption of exports is expected to strengthen bilateral energy cooperation and contribute to Indias efforts to diversify crude oil sources amid global market volatility.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;br /&gt;&#13;
 &lt;/p&gt;&#13;
</fulldesc>
    <id>43582</id>
    <link>https://knnindia.co.in/news/newsdetails/global/azerbaijan-resumes-crude-oil-exports-to-india-after-10-month-hiatus</link>
    <pubDate>2025-09-22 16:41:30</pubDate>
    <source>knnindia.co.in</source>
    <title>Azerbaijan Resumes Crude Oil Exports To India After 10-Month Hiatus</title>
</root>
