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SOCAR sells about 270,000 tons of oil products on Georgian market

Oil&Gas Materials 11 September 2010 11:57 (UTC +04:00)

Azerbaijan, Baku, Sept. 11 / Trend E.Ismayilov /

In January-August,  the Sate Oil Company of the Azerbaijan Republic (SOCAR) sold about 256,500 of Azerbaijani oil products on the Georgian market compared to about 274,000 tons in January-August of 2009, SOCAR Energy Georgia, which is a subsidiary of SOCAR in Georgia said.

During the report period, SOCAR sold nearly 105.3 tons of gasoline, 126.050 tons of diesel fuel, about 15,000 tons of jet fuel, 765 tons of fuel oil, 8,970 tons of bitumen and 413 tons lubricating 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 earlier.

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.

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