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Gasoline production drops in Azerbaijan

Oil&Gas Materials 18 November 2014 17:27 (UTC +04:00)

Baku, Azerbaijan, Nov.18

By Emil Ismayilov - Trend:

Around 1.02 million metric tons of motor gasoline was produced in Azerbaijan in January-October 2014, which is 12.5 percent less than in the same period of 2013, the country's State Statistical Committee said in its report on the results of first ten months of 2014.

Currently, the State Oil Company of Azerbaijan (SOCAR) is carrying out work on modernization of the processing facilities, as growth is observed in the fuel consumption in the country.

SOCAR is the only producer of petroleum products in Azerbaijan.

In total, 4.6 million metric tons of petroleum products were produced in Azerbaijan in Jan.-Oct. 2014, compared to 4.24 million metric tons in the same period of 2013.

Around 1.41 million metric tons of motor gasoline was produced in Azerbaijan in 2013, compared to nearly 1.3 million metric tons in 2012.

In total, 5.09 million metric tons of the main types of petroleum products were produced in Azerbaijan in 2013.

The table below shows the production of petroleum products in Azerbaijan:

Petroleum products

Jan.-Oct. 2014 (in tons)

Compared to Jan.-Oct. 2013 (%)

Motor gasoline

1 023.6

87.5

Naphtha

171.1

156

Kerosene

587.9

100.3

Diesel fuel

2 384.2

114.9

Lubricants

45.6

113.7

Oil bitumen

209.9

80.1

Edited by CN

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