...

Azerbaijan increases output of petroleum products by over 50%

Oil&Gas Materials 21 June 2015 10:26 (UTC +04:00)

Baku, Azerbaijan, June 21

By Azad Hasanli - Trend:

The volume of diesel fuel production in Azerbaijan stood at 1.35 million metric tons in Jan.-May 2015, or 20.7 percent more than in the same period of 2014, the country's State Statistical Committee said in its report on the first five months of 2015.

Currently, due to the increase in fuel consumption in the country, the State Oil Company of Azerbaijan (SOCAR), the sole producer of petroleum products in Azerbaijan, is carrying out work on modernization of the existing processing facilities.

In total, 2.74 million metric tons of petroleum products was produced in Azerbaijan in Jan.-May 2015, compared to around 1.75 million metric tons in the same period of 2014.

Below is the summary table of petroleum products' output in Azerbaijan:

Petroleum products

Jan.-May, 2015 (in metric tons)

Compared to Jan.-May 2014 (%)

Motor gasoline

525.6

100.3

Naphtha

93.9

163.3

Kerosene

291.1

115.6

Diesel fuel

1 347

120.7

Gasoil

415.6

3.5 times

Lubricants

7.1

36.6

Oil bitumen

55.7

47.1

Edited by SI

---

Follow the author on Twitter: @AzadHasanli

Tags:
Latest

Latest