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Azerbaijan records decrease in kerosene production

Oil&Gas Materials 17 December 2020 16:30 (UTC +04:00)
Azerbaijan records decrease in kerosene production

BAKU, Azerbaijan, Dec.17

By Fidan Babayeva – Trend:

Azerbaijan produced over 1.8 million tons of diesel fuel from January through November 2020, Trend reports referring to the report of the Azerbaijani State Statistical Committee.

This figure means a decrease of 1.6 percent on an annualized basis.

During the reporting period, 459,100 tons of kerosene were produced, which is 14.6 percent less than in the same period of last year.

As of November 1, 2020, the reserves of kerosene made up 49,700 tons while diesel fuel – 68,500 tons.

The total manufacturing of oil products in Azerbaijan in monetary terms reached 2.8 billion manat ($1.6 billion) in 11M2020, which is 1.8 percent less than in the same period of last year.

(1 USD = 1.7 AZN on Dec. 17)

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Follow the author on Twitter: @Fidan_Babaeva

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