BAKU, Azerbaijan, January 18. The oil production value in Azerbaijan totaled 4.1 billion manat ($2.4 billion) in 2022, the State Statistical Committee of Azerbaijan told Trend.
This figure dropped by 4.2 percent as compared to 2021.
Azerbaijan’s output of oil products from January through December 2022:
Oil products |
Production volume |
Changes compared to January through December 2021 |
Finished products in warehouses as of January 1, 2023 |
Motor gasoline |
1.282 million tons |
101.4 percent |
33,100 tons |
Gasoline for petrochemical industry |
296,100 tons |
78.4 percent |
1,400 tons |
Kerosene |
563,600 tons |
114.6 percent |
34,100 tons |
Diesel |
2.04 million tons |
84.5 percent |
58,800 tons |
Fuel oil |
77,700 tons |
73.1 percent |
10,000 tons |
Lubricants |
44,600 tons |
76.5 percent |
4,900 tons |
Oil bitumen |
342,400 tons |
94.5 percent |
11,700 tons |
Petroleum coke |
209,600 tons |
81.8 percent |
50,700 tons |
Azerbaijan's oil production value settled at 4.39 billion manat ($2.58 billion) in 2021, decreasing by 13.4 percent year over year.