Output of oil products down in Azerbaijan
Baku, Azerbaijan, Mar. 24
By Maksim Tsurkov – Trend:
Azerbaijan produced 852,500 tons of oil products in January-February 2017 compared to 944,300 tons in the same period of 2016, said a report of the Azerbaijani State Statistical Committee.
SOCAR, which is the sole producer of oil products in Azerbaijan, is currently modernizing its processing facilities, as the fuel consumption has increased in the country.
Azerbaijan produced 210,100 tons of gasoline in January-February 2017, which is 17 percent more than in the same period of 2016.
Azerbaijan produced 5.17 million tons of oil products in 2016 compared to 5.45 million tons in 2015.