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Azerbaijan ups sale of petroleum products in domestic market

Oil&Gas Materials 15 July 2011 16:43
The State Statistics Committee reported that over 2 million tons of oil products were sold to the internal market of Azerbaijan in January-June 2011, which is more by 18.5 percent compared to the same period of 2010.

Azerbaijan, Baku, July 15 / Trend/

The State Statistics Committee reported that over 2 million tons of oil products were sold to the internal market of Azerbaijan in January-June 2011, which is more by 18.5 percent compared to the same period of 2010.

About 535,500 tons of the total volume of oil products was petrol, which is an increase of 11 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 206,700 tons of gasoline, LUKOIL - about 84,610 tons, SOCAR Petroleum 138,700 tons.
About 506,000 tons of diesel fuel was sold to the domestic market, which is by 24 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 112,840 tons of diesel fuel, SOCAR Petroleum- about111,320 and LUKoil - over 53,130 tons, the state statistics agency 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 several gas stations in Baku. SOCAR plans to open 26-30 stations in Azerbaijan.

About 119,100 tons of fuel oil was sold to the domestic market, which is 19.3 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 254,200 tons of aviation kerosene was sold in January-June 2011, 8.2 percent more than in January-June 2010. The price of aviation kerosene is 307 manat per ton (including delivery and VAT).

The sale of petroleum bitumen totaled 94,100 tons, or 1.5 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 74,700 tons of liquefied gas were sold on the interior market, which is more by 2 times than in January-June 2010.

Some 434,900 tons of other oil products were also sold, more by 24.9 percent than in January-June 2010.

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