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Azerbaijan's output of oil products down

Economy Materials 17 July 2019 18:05 (UTC +04:00)

Baku, Azerbaijan, July 17

By Kamalya Mammadli - Trend:

In January-June 2019, production of oil products in Azerbaijan in total amounted to about 1.535 billion manats, which is 1.5 percent less compared to the same period of 2018, Trend reports referring to State Statistical Committee of Azerbaijan.

SOCAR, which is the sole producer of oil products in Azerbaijan, is currently modernizing its processing facilities as the fuel consumption has increased in the country.

Azerbaijan produced 4.76 million tons of oil products in 2018 compared to 4.65 million tons in 2017.

Azerbaijan’s output of oil products:

Oil products

January-June 2019 (1,000 tons)

January-June 2018 (1,000 tons)

Difference (%)

Gasoline

607.2

614.7

98.8

Naphtha

151.8

116.5

130.3

Kerosene

300.3

303.8

98.8

Diesel fuel

1,067

1,015.6

105.5

Fuel oil

57.8

33.3

173.6

Lubricants

9.6

28.9

35.8

Oil bitumen

98

138.8

70.6

Oil coke

446.9

130.7

91.1

(1 USD = 1.7 manats on July 17)

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