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Azerbaijan's output of oil products down

Oil&Gas Materials 27 June 2019 11:03 (UTC +04:00)

Baku, Azerbaijan, June 27

By Tural Garajayev - Trend:

In January-May 2019, production of oil products in Azerbaijan in total amounted to 1.26 billion manats, which is 2.7 percent less compared to the same period of 2018, Trend reports referring to State Statistical Committee of Azerbaijan.

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 4.76 million tons of oil products in 2018 compared to 4.65 million tons in 2017.

Azerbaijan’s output of oil products:

Oil products

January-May 2019 (1,000 tons)

January-May 2018 (1,000 tons)

Difference (%)

Gasoline

499.8

521.7

95.8

Naphtha

136.4

92.2

147.9

Kerosene

254.4

247.7

102.7

Diesel fuel

885.9

850.2

104.2

Fuel oil

32.8

30.1

109.0

Lubricants

6.8

29.1

23.4

Oil bitumen

72.8

118.8

65.1

Oil coke

102.0

110.2

92.6

(1 USD = 1.7 AZN on June 27)

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