Azerbaijan, Baku, Feb. 19 / Trend /
In January the State Oil Company of Azerbaijan Republic (Socar) sent over 575,400 tons of oil for refining compared to 608,500 tons in the same period of 2008, Socar reported.
Roughly 7.4 million tons of oil was sent for refining in 2008.
Petrol products in Azerbaijan are manufactured at two Baku oil refineries with a total capacity of 20 million tons of oil per year. Socar owns both refineries and refines an annual 6 million tons of oil produced from onshore and offshore fields with its own funds.
There are 57 oil and gas fields in Azerbaijan. Eighteen are offshore and the remaining onshore. Socar employs 63,000 people.