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Oil products' output increases in Azerbaijan

Oil&Gas Materials 6 December 2018 14:46 (UTC +04:00)

Baku, Azerbaijan, Dec. 6

By Azad Hasanli - Trend:

Azerbaijan produced 3.96 million tons of oil products in January-October 2018 as compared to 3.8 million tons in the same period of 2017, Trend reports referring to Azerbaijan’s State Statistics 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 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-October 2018 (1,000 tons)

January-October 2017 (1,000 tons)

Difference (percent)

Gasoline

1,009.6

988.7

102.11

Naphtha

170.3

150

113.53

Kerosene

507.1

485.1

104.5

Diesel fuel

1,615.5

1,536.2

111.4

Fuel oil

73.9

258.7

3.5 times decrease

Lubricants

129.5

25.6

5.06 times increase

Oil bitumen

247.1

180.8

136.67

Oil coke

205.8

173.8

118.4

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Follow the author on Twitter: @AzadHasanli

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