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SOCAR increases 12% export of oil products from Heydar Aliyev oil refinery in 2005

Oil&Gas Materials 6 January 2006 13:14 (UTC +04:00)

In January to December 2005 the Department of the Marketing and Economic Operations (DMEO) of the State Oil Company of Azerbaijan (SOCAR) exported 1,005,000 tons of various oil products from the Heydar Aliyev Oil Refinery (former Azerneftyanajag), or 107,900 tons more as compared 2004, SOCAR told Trend.

In December the export of oil products by DMEO SOCAR was 89,185 tons, or 5,500 tons more as compared November 2005 and 34,000 tons more than 2004.

According to SOCAR, in November the oil products were sold at the following prices in the world market (FOB MED (Italy)): gasoline $506,93 per ton (+$24.37 per ton as compared to November price), jet kerosene $539.864 per ton (+$2.02 per ton), diesel fuel - $508,49 per ton (+$12.86 per ton), the price of 1 ton of mazut was $288.25 per ton (+$10.77 per ton).

The comparative table of the oil products exported by DMEO SOCAR:


Name of product

Jan-Dec 2005

+/- as of Jan-Dec 2004

December 2005

+/- as of Nov 2005

Gasolene

283,5

-57,2

14,1

-7,9

Diesel fuel

457

60,3

47,8

- 6,7

Jet fuel

149,2

27,4

7,2

-0,3

Butane

12,1

-2,4

-

-

Mazut

103,2

103,2

19,9

9,4

Total

1,005

107,9

94,7

-5,5

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