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Azerbaijan sees decline in oil products manufacturing

Oil&Gas Materials 19 November 2022 09:47 (UTC +04:00)
Azerbaijan sees decline in oil products manufacturing
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, November 19. Azerbaijan has decreased the oil production output from January through October 2022, the State Statistical Committee of Azerbaijan told Trend.

The production value totaled 3.294 billion manat ($1.9 billion), up by six percent or 339.7 million manat ($199.8 million) as compared to the same period of 2021.

Azerbaijan’s output of oil products from January through October 2022:

Oil products

Production volume

Changes compared to January through October 2021

Finished products in warehouses as of November 1, 2022

Motor gasoline

1.037 million tons

100.7 percent

40,700 tons

Naphta

242,300 tons

70.8 percent

2,600 tons

Kerosene

464,100 tons

115 percent

25,200 tons

Diesel

1.67 million tons

81.1 percent

106,200 tons

Fuel oil

76,200 tons

2.2 times

9,300 tons

Lubricants

32,400 tons

66.9 percent

4,100 tons

Oil bitumen

308,100 tons

102.2 percent

18,000 tons

Petroleum coke

165,500 tons

75.3 percent

46,600 tons

In the reporting period, the manufactured oil products totaled around four million tons, decreasing by 9.87 percent, or 437,900 tons year over year.

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