Baku, Azerbaijan, August 1
By Emil Ismayilov - Trend:
The State Oil Company of Azerbaijan (SOCAR) exported 844,300 tons of oil products from its own oil refineries in Jan.-July 2014, versus over 671,000 tons in the same period of 2013, according to a message from SOCAR
SOCAR exported 280,700 tons of petroleum products in July, compared to 90,100 tons in the same period of 2013.
The company exported around 1.04 million tons of petroleum products from its own oil refineries in 2013, versus over 1.24 million tons in 2012.
Oil products are produced at two Baku oil refineries with a total capacity of 16 million tonnes of oil per year. Both oil refineries belong to SOCAR, which annually processes approximately seven million tonnes of oil, extracted from onshore and offshore fields with SOCAR's own funds.
The table below shows the exported oil products:
|
Oil products |
Jan.-July 2014, (in tons) |
Jan.-July 2013, (in tons) |
|
Diesel fuel |
528,229 |
570,355 |
|
Motor gasoline |
686 |
13,220 |
|
Aviation kerosene |
99,782 |
87,438 |
|
Vacuum gas-oil |
215,429 |
0 |
|
Furnace oil |
178 |
0 |
The volumes of gasoline production and consumption in Azerbaijan became equal in 2013, which explains why the oil exports are minimized.
Edited by CN