BAKU, Azerbaijan, Nov. 11
By Khagan Isayev - Trend:
According to the forecasts, about 2.2 billion tons of diesel fuel will be produced in Azerbaijan in 2022, Trend reports on Nov. 11 referring to the Azerbaijani draft state budget for next year.
According to the draft state budget, diesel fuel production in the country will reach 2.438, 2.452 and 2.457 million tons in 2023, 2024 and 2025, respectively.
The production of this product will increase by 8.9 percent in 2025 compared to the forecast for 2022.
The total volume of production of oil products in Azerbaijan in value terms amounted to 3.1 billion manat ($1.8 billion) in 2020, which is by 3.6 percent less than in 2019.
The volume of oil and gas condensate production reached about 34.5 million tons in Azerbaijan in 2020, which is by 7.8 percent less than in 2019.
The stocks of finished products (oil) in the country reached 439,500 tons as of January 1, 2021.