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Azerbaijan increases sale of oil products in domestic market

Oil&Gas Materials 15 March 2011 12:10 (UTC +04:00)

Azerbaijan, Baku, March 15 / Trend/

The State Statistics Committee reported that approximately 547,500 tons of oil products were sold to the internal market of Azerbaijan in January- February 2011 compared to 465,100 tons in the same period of 2010.

About 159,600 tons of the total volume of oil products was petrol, which is an increase of 14.2 percent than in the same period of 2010. The wholesale price for one ton of А-92 gasoline in the internal market (VAT and transportation costs inclusive) is 670 manat and А-95 - 736 manat. According to the State Statistics Committee, Azpetrol received over 57,800 tons of gasoline, LUKOIL - about 25,220 tons, SOCAR Petroleum 39,740 tons.
About 141,200 tons of diesel fuel was sold to the domestic market, which is by 30.5 percent more compared to the same period of 2010. The wholesale cost of 1 ton of diesel fuel (VAT and transportation costs inclusive) is 485 manat. Azpetrol received roughly 31,000 tons of diesel fuel, SOCAR Petroleum- about 31,000 and LUKoil - over 16,500 tons, the state statistics committee reported.

Azpetrol has 70 filling stations in Azerbaijan, of which 66 - petrol, 4 - gas stations. An oil tank farm with total capacity of 7,000 tons and car park, meeting international standards was commissioned in 1999 to improve fuel quality, ensure uninterrupted operation of filling stations and improve the quality of customer service. Currently, Azpetrol fleet consists of 110 fuel tankers with capacities ranging from 17 to 42 tons, which provide the company's filling stations with fuel. Azpetrol owns approximately 15 percent of the total number of filling stations in the country. The company's share in the relevant market sector is more than 50 percent.

SOCAR Petroleum currently has six gas stations in Baku. SOCAR plans to open 26-30 stations in Azerbaijan.

About 38,100 tons of fuel oil was sold to the domestic market, which is 37.5 percent more than the figure in the same period of 2010. The wholesale price of 1 ton of М-40 fuel oil in Azerbaijan is 100 manat (including delivery and VAT).

A total of 75,400 tons of aviation kerosene was sold in January-February 2011, 3.3 percent more than in January-February 2010. The price of aviation kerosene is 307 manat per ton (including delivery and VAT).

The sale of petroleum bitumen totaled 19,800 tons, or 8.8 percent more than the same period of 2010. The wholesale price of 1 ton of bitumen BN 60/90 (VAT and transportation costs inclusive) is 160 manat.

About 20,400 tons of liquefied gas were sold on the interior market, which is more by two times than in January-February 2010

92,100 tons of other oil products were also sold, more by 5.9 percent than in January-February 2010.

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