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Azerbaijan increases manufacturing of oil products

Oil&Gas Materials 16 September 2019 13:59 (UTC +04:00)

Baku, Azerbaijan, Sept. 16

By Kamala Mammadli - Trend:

The total production of petroleum products in Azerbaijan amounted to 2.1 billion manats in January-August 2019, which is 1.6 percent more than the same period last year, Trend reports referring to a report by Azerbaijan’s State Statistical Committee.

Currently, due to the increase in fuel consumption in Azerbaijan, work on modernizing existing refining capacities is being carried out by Azerbaijan’s state-owned company SOCAR, the country's only manufacturer of petroleum products.

Some 4.76 million tons of oil products were produced in Azerbaijan in 2018, compared to 4.65 million tons produced in 2017.

Below is a table summarizing the amount of oil products produced in Azerbaijan in 2019 and 2018:

Oil products

January-August 2019 (in thousand tons)

January-August 2018 (in thousand tons)

Difference (in %)

Car gasoline

818.2

807.0

101.4

Naphtha

184.6

151.4

121.9

Kerosene

406.2

418.0

97.2

Diesel fuel

1,450.2

1,361.9

106.5

Mazut

76.8

50.9

150.9

Lubricating oils

13.4

58.0

15.5

Oil bitumen

163.1

192.5

84.7

Petroleum coke

168.5

173.5

97.1

($1=1.7 AZN on Sept. 16)

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Follow the author on Twitter: @kamala_mammadli

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