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Azerbaijan plans to increase aviation fuel output by 2025

Economy Materials 12 November 2021 12:35 (UTC +04:00)

BAKU, Azerbaijan, Nov. 12

By Khagan Isayev - Trend:

Azerbaijan plans to produce 614,300 tons of aviation fuel in 2022, Trend reports citing the state budget’s bill.

According to the bill, in 2023, 2024 and 2025, 616,000, 619,000 and 620,000 tons of the aviation fuel, respectively, will be produced in the country.

Thus, in 2025, the product's output will grow by 0.93 percent compared to the 2022 forecast.

The total production value of petrochemicals in Azerbaijan 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.

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