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Azerbaijan increases output of oil products

Oil&Gas Materials 15 April 2016 19:47 (UTC +04:00)

Baku, Azerbaijan, April 15

By Maksim Tsurkov - Trend:

Azerbaijan produced 1.45 million tons of oil products in January-March 2016, compared to 1.34 million tons in the same period of 2015, said the report issued by the country's State Statistics Committee.

Currently, the State Oil Company of Azerbaijan (SOCAR) is modernizing its processing facilities, as the fuel consumption has increased in the country.

During the reporting period, Azerbaijan produced 281,100 tons of gasoline, or 6.4 percent less than in January-March 2015.

Below is the summary table of oil products' output in Azerbaijan:

Oil products

January-March 2016 (1,000 tons)

Compared to January-March 2015 (%)

Gasoline

281,1

93,6

Naphtha

42,8

89,7

Kerosene

172

105,3

Diesel fuel

572

71,8

Fuel oil

339,7

1698,5 times

Lubricants

1

35,7

Oil bitumen

22

67,5

Oil coke

21,4

33

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Follow the author on Twitter: @MaksimTsurkov

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