Azerbaijan’s gasoline output up by over 11% Y/Y

Baku, Azerbaijan, June 20

By Maksim Tsurkov – Trend:

Azerbaijan produced 2.07 million tons of oil products in January-May 2017 compared to 2.3 million tons in the same period of 2016, said a report of Azerbaijan’s State Statistics Committee.

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 524,100 tons of gasoline in January-May 2017, which is 11.3 percent more than in the same period of 2016.

Azerbaijan produced 5.17 million tons of oil products in 2016 compared to 5.45 million tons in 2015.

Below is the summary table of the output of oil products in Azerbaijan.

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