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SOCAR sells about 180,000 tons of oil products on Georgian market in January-June

Oil&Gas Materials 28 July 2010 10:14 (UTC +04:00)

Azerbaijan, Baku, July 28/ Trend E. Ismayilova /

In January-June SOCAR sold about 179,600 tons of Azerbaijani oil products on the Georgian market, SOCAR Energy Georgia, which is a subsidiary of SOCAR in Georgia said.

A source said that in January-June, SOCAR sold nearly 74.92 tons of gasoline, 86,100 tons of diesel fuel, about 13,120 tons of jet fuel, 585.5 tons of fuel oil and about 3,900 tons of bitumen and 413 tons of oil.

In 2010, SOCAR plans to sell 412,000 tons of petroleum products on the Georgian market compared to more than 406,000 tons in 2009.

"As a result of the year, it's planned to reach set goals and even overfulfil sale plan," the source said.

Oil products are produced on the basis of two refineries with total capacity of 20 million tons of oil a year. Both refineries are a part of SOCAR, which annually processes approximately six to seven million tons of oil extracted in the fields of onshore and offshore fields at its own expense.

Last year, the Baku refinery processed 6.03 million tons compared to 7.35 million tons in 2008. This year, SOCAR plans to process 6,15 million tons of oil on its own two refineries.

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