Baku, Azerbaijan, May 2
By Emil Ismayilov- Trend:
The State Oil Company of Azerbaijan (SOCAR) exported some 334,720 tonnes of oil products from its own refineries in Jan.-April 2014 compared to 402,670 tonnes in the same period of 2013, a message from SOCAR said on May 2.
SOCAR exported around 1.04 million tonnes of petroleum products from its own refineries in 2013 compared to over 1.24 million tonnes in 2012.
Oil products are produced at two Baku oil refineries with a total capacity of 16 million tonnes of oil per year. Both oil refineries belong to SOCAR, which annually processes approximately seven million tonnes of oil, extracted from onshore and offshore fields with SOCAR's own funds.
The table below shows the exported oil products:
Oil products |
Jan.-April 2014, shown in tonnes |
Jan.-April 2014, shown in tonnes |
Diesel fuel |
250,104 |
350,298 |
Motor gasoline |
383 |
5,509 |
Aviation kerosene |
35,467 |
46,565 |
Vacuum gas-oil |
48,766 |
0 |
Furnace oil |
0 |
299 |
Oil exports declined when the volumes of gasoline production and consumption in Azerbaijan became equal in 2013.
Translated by L.Z.
Edited by C.N.