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Oil products’ output increases in Azerbaijan

Oil&Gas Materials 19 October 2018 20:38 (UTC +04:00)

Baku, Azerbaijan, Oct. 19

By Taleh Mursagulov - Trend:

Azerbaijan produced 3.7 million tons of oil products in January-September 2018 as compared to 3.4 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-September 2018 (1,000 tons)

January-September 2017 (1,000 tons)

Difference (percent)

Gasoline

906.3

874.2

103.7

Naphtha

169.1

130.7

129.4

Kerosene

469.1

445.4

105.3

Diesel fuel

1,517.9

1,362

111.4

Fuel oil

61.2

258.1

23.7

Lubricants

108.5

24.3

4.5 times

Oil bitumen

219.2

158.7

138.1

Oil coke

195.9

152.4

128.5

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