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Oil products’ output increases in Azerbaijan

Oil&Gas Materials 19 September 2018 15:12 (UTC +04:00)

Baku, Azerbaijan, Sept. 19

By Azad Hasanli - Trend:

Azerbaijan produced 3.2 million tons of oil products in January-August 2018 as compared to 3.06 million tons in the same period of 2017, Azerbaijan’s State Statistics Committee said in a report.

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 4.65 million tons of oil products in 2017 as compared to 5.17 million tons in 2016.

Azerbaijan’s output of oil products:

Oil products

January-August 2018 (1,000 tons)

January-August 2017 (1,000 tons) Difference (percent)

Gasoline

807

783.8 103

Naphtha

151.4

124.5 121.6

Kerosene

418

392.5 106.5

Diesel fuel

1,361.9

1,215.9 112

Fuel oil

50.9

252 20.2

Lubricants

58

22.8 2.5 times

Oil bitumen

192.5

130.8 147.2

Oil coke

173.5

137.2 126.5

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Follow the author on Twitter: @AzadHasanli

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