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Sale of Oil Products in Domestic Market Increased from January to March

Oil&Gas Materials 18 April 2008 14:48 (UTC +04:00)

Azerbaijan, Baku, 18 April / Trend S.Aliyev / State Statistics Committee officials reported that in January to March 2008 approximately 1.4mln tons of oil products were sold to the internal market of Azerbaijan. This is a decrease of 2.7% compared to the same period of 2007.

Some 181,300 tons of the total volume of oil products was petrol, which is an increase of 10.5% from the previous year. The wholesale price of one ton of А-92 gasoline in the internal market (VAT and transportation costs inclusive) is AZN 670 and А-95 is AZN 736. According to the State Statistics Committee, in January to March the Azerbaijani company Azpetrol obtained 97,000 tons of petrol and LUKoil 29,3000 tons.

In January to March 2008 a total of 194,100 tons of diesel fuel was sold to the domestic market, 29.6% less than in 2007. The wholesale price of one ton of diesel fuel is 485 AZN (VAT inclusive). Azpetrol received 71,000 tons of diesel fuel of the aforementioned amount (LUKoil - 24,000 tons). The Azerbaijani State Caspian Sea Shipping Company purchased 4,000 tons of diesel fuel.

Most of the mazut oil was sold in the internal market. From January to March, 627,000 tons of fuel oil was sold, which is 16.2% less than in the same period of 2007. The wholesale price of 1 ton of М-40 fuel oil in Azerbaijan is AZN 100 (including delivery and VAT). Azerenerji JSC received 529,500 tons of fuel oil and the Heydar Aliyev Oil Refinery Plant 180,500 tons for further refinery.

A total of 121,600 tons of aviation kerosene was sold, 21.7% less than in 2007. The price of aviation kerosene was AZN 307 per ton (including delivery and VAT).

The sale of petroleum bitumen totaled 19,300 tons, an increase of 7.9%% from 2007. The wholesale price of 1 ton of bitumen BN 60/90 (VAT and transportation costs inclusive) was AZN 160.

From January to March 19,800 tons of liquid petroleum gas (LPG) was sold, 33.6% less than the same period in 2007. Some 94.5% of the product delivered to the Gas Operation Department of SOCAR.

Other types of oil products were sold in the internal market 217,900 tons, 27.8% more than from January to March 2007.

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