Azerbaijan’s Oil Refining Capacity Remains Stable – US Energy Information Agency

Azerbaijan, Baku, 5 April / Trend corr A. Badalova/ Azerbaijan's oil refining capacity has been remaining stable since 2004 - 399,000 barrels per 24 hours (19.8mln tons per year), according to the April report of the US state-run Energy Information Agency (EIA).

There are two oil refineries in Azerbaijan and they are run by the State Oil Company of Azerbaijan (SOCAR). Annually, the refineries process some 6.5mln tons of oil which is produced in the fields developed through SOCAR's own funds. The oil products, including petrol, diesel fuel and fuel oil, are sold at the domestic market and are exported to Georgia, Iran and other countries.

This year the total oil refining capacity of the OECD countries (Organization for Economic Co-operation and Development) will comprise 45.388mln barrels of oil per 24 hours, which is by 0.3% less than in 2007. The percent of Azerbaijan's oil refining capacities in OECD countries will amount to 0.08% in 2008.

The summary table of the countries and their oil refining capacities, thousand barrels per 24 hours, 2008:

Albania1 26
450
39
626
271
707
209
Azerbaijan2 399
262
33
Belarus2 493
798
41
1 908
Brunei4 9
Bulgaria1 115
57
37
1 969
227
6 246
286
() 21
24
() 64
Croatia3 250
Cuba1 301
Czech Republic5 183
174
47
176
726
22
15
252
1 932
24
Germany9 2 417
45
423
Hungary1 161
2 256
993
1 451
598
71
220
2 337
36
4 651
90
Kazakhstan2 345
90
, North1 71
, South 2 577
889
Kyrgyzstan2 10
15
378
Lithuania2 190
Macedonia3 50
Malaysia4 515
17
1 540
155
1 227
320
107
20
505
315
85
267
33
8
193
282
Poland1 493
304
73
200
Romania1 517
Russia2 5 428
2 080
25
215
10
1 344
Slovakia5 115
Slovenia3 14
South r6 485
1 277
50
122
7
437
132
240
1 290
15
729
168
34
714
Turkmenistan2 237
Ukraine2 880
781
1 858
17 436
50
Uzbekistan2 222
1 282
, U. S. 500
140
24

The correspondent can be contacted at: [email protected]

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