Baku, Azerbaijan, Nov. 4
By Emil Ismayilov - Trend:
The State Oil Company of Azerbaijan (SOCAR) exported about 994.65 million metric tons of petroleum products from its own oil refineries in January-October 2014 compared to 867,000 metric tons in the same period of 2013, SOCAR said.
The company exported around 1.04 million metric tons of petroleum products from its own oil refineries in 2013, compared to over 1.24 million metric tons in 2012.
Oil products are produced at two Baku oil refineries with a total capacity of 16 million metric tons of oil per year. Both oil refineries belong to SOCAR, which annually processes approximately 7 million metric tons of oil, extracted from onshore and offshore fields with SOCAR's own funds.
The table below shows the exported oil products:
|
Oil products |
Jan.-Oct. 2014, metric tons |
Jan.-Oct. 2013, metric tons |
|
Diesel fuel |
826 042 |
744 280 |
|
Gasoil |
9 332 |
14 034 |
|
Aviation kerosene |
158 855 |
108 641 |
|
Furnace oil |
417 |
0 |
The volumes of vehicle fuel production and consumption in Azerbaijan became equal in 2013, which explains why the vehicle fuel exports are minimized.
Azerbaijan exports considerable part of its petroleum products to Georgia.
edited by CN