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Azerbaijan's output of oil products up

Oil&Gas Materials 20 August 2019 11:11 (UTC +04:00)

Baku, Azerbaijan, Aug. 20

By Sara Israfilbayova – Trend:

In January-July 2019, production of oil products in Azerbaijan amounted to about 1.8 billion manats, which is 1.4 percent more 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-July 2019 (1,000 tons)

January-July 2018 (1,000 tons)

Difference (%)

Gasoline

714.1

698.1

102.3

Naphtha

170.4

134.4

126.8

Kerosene

350.8

348.9

100.5

Diesel fuel

1,249.4

1,169.0

106.9

Fuel oil

63.3

36.8

172.0

Lubricants

12.4

47.1

20.2

Oil bitumen

132.4

164.2

80.6

Oil coke

144.4

151.7

95.2

($1 = 1.7 manats on August 20)

Follow the author on Twitter: @IsrafilbekovaS

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