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Azerbaijan increases output of oil products

Business Materials 14 July 2016 17:14 (UTC +04:00)

Baku, Azerbaijan, July 14

By Maksim Tsurkov - Trend:

Azerbaijan produced 2.68 million tons of oil products in January-June 2016 compared to 3.06 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 572,400 tons of gasoline, or 1.4 percent more than in January-June 2015.

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

Oil products

Jan.-June 2016 (1,000 tons)

Compared to Jan.-June 2015 (%)

Gasoline

572,4

101,4

Naphtha

96,5

98,1

Kerosene

322,2

100,9

Diesel fuel

1147,4

77,8

Fuel oil

389

8,5 times

Lubricants

5,1

50

Oil bitumen

60,6

87,6

Oil coke

90,7

74,5

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