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Azerbaijan cuts oil products’ output

Oil&Gas Materials 17 September 2016 14:50 (UTC +04:00)

Baku, Azerbaijan, Sept. 17

By Maksim Tsurkov – Trend:

Azerbaijan produced 3.42 million tons of oil products in January-August 2016 compared to 3.62 million tons in the same period of 2015, said the report of the State Statistical Committee of Azerbaijan.

Currently, SOCAR is modernizing its processing facilities, as the fuel consumption has increased in the country.

During the reporting period, Azerbaijan produced 732,600 tons of gasoline, or 7.1 percent less than in January-August 2015.

Below is the summary table of oil products’ output in Azerbaijan:

Oil products

Jan.-August 2016 (1,000 tons)

Compared to Jan.-August 2015 (%)

Gasoline

732,6

92,9

Naphtha

120

93,5

Kerosene

417,1

91,7

Diesel fuel

1491,5

77,5

Fuel oil

416,5

2,1 times

Lubricants

7,7

51,3

Oil bitumen

112,7

102,5

Oil coke

121,1

78,1

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Follow the author on Twitter: @MaksimTsurkov

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