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Azerbaijan cuts output of oil products

Economy Materials 13 August 2016 16:19 (UTC +04:00)
Azerbaijan produced 3.14 million tons of oil products in January-July 2016 compared to 3.67 million tons in the same period of 2015

Baku, Azerbaijan, Aug. 13

By Maksim Tsurkov - Trend:

Azerbaijan produced 3.14 million tons of oil products in January-July 2016 compared to 3.67 million tons in the same period of 2015, said the report issued by the country’s State Statistics Committee.

Currently, the State Oil Company of Azerbaijan (SOCAR) is modernizing its processing facilities, as the fuel consumption has increased in the country.

During the reporting period, Azerbaijan produced 680,900 tons of gasoline, or 0.7 percent more than in January-July 2015.

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

Oil products

Jan.-July 2016 (1,000 tons)

Compared to Jan.-July 2015 (%)

Gasoline

680,9

100,7

Naphtha

114,4

98,5

Kerosene

385,6

98,3

Diesel fuel

1352,2

77,2

Fuel oil

405,4

5,9 times

Lubricants

5,1

37

Oil bitumen

85,4

91,1

Oil coke

112,1

74,8

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