Oil and gas ( january - july 2009 )

1. FEC

 а) Oil and gas production

A total of 29.2 million tons of oil and condensate was produced in Azerbaijan in January-July. This index is by 1.6 percent more than index of oil and condensate production in January-July 2008, the Azerbaijani state statistics committee said.

Major volume of oil and gas condensate production fell on the block of the Azeri-Chirag-Guneshli offshore fields and the gas condensate Shah Deniz field - 24.3 million tons of oil and condensate, which is by 2.4 percent more than the same period of 2008.  

Gas production was almost 14 billion cubic meters in Azerbaijan in January-July that an increase of 1.6 percent than in 2008. About 6.2 billion cubic meters of gas fell on Azeri-Chirag-Guneshli (associated gas) and Shah Deniz with a 25-percent increase from the same period of 2008. 

Roughly 11 billion kilowatt-hour of energy was produced in Azerbaijan in January-July 2009 that 9.2 percent lower than in the same period of 2008.

b) Refinery

Total volume of oil processing at Azerbaijani oil refineries entering SOCAR (the State Oil Company of Azerbaijan) hit 3.5 million tons in January-July 2009 compared to 4.3 million tons in the similar period of 2008, SOCAR said.

Oil products are produced at two Baku refineries with capacity of 20 million tons of oil per year. Two refineries enter SOCAR annually processing 6 million tons of oil extracted onshore and offshore owing to own funds.

Processing of oil and production of oil products in Azerbaijan in January-July 2009:

January-July 2009 (thousands tons)

January-July 2008 (thousands tons)

Fact

Fact

Oil processing - total

3501

4254.6

Petroleum - total

822.79

877.43

- motor petrol

687.59

715.29

- naphtha for chemistry

135.2

162.14

Kerosene KO-20 - total

6. 48

28.58

Diesel oil - total

1253.01

1329.32

Kiln residuum - total

188

726.23

Lubricants

16.01

31.89

Petrol DT - total

86.35

68.66

b) Realization

The State Statistics Committee reported that approximately 2.1 million tons of oil products were sold to the internal market of Azerbaijan in January-July 2009, compared to 2.9 million tons in January-July 2008.

Some 549,000 tons of the total volume of oil products was petrol, which is an increase of 10.7 percent from the same period in 2008. The wholesale price for one ton of А-92 gasoline in the internal market (VAT and transportation costs inclusive) is 670 manats and А-95 - 736 manats. According to the State Statistics Committee, Azpetrol received about 290,000 tons of gasoline and LUKoil - 90,000 tons.

In January-July 2009, 428,100 tons of diesel fuel was sold to the domestic market, which is by 28.3 percent less compared to the same period in 2008. The wholesale cost of 1 ton of diesel fuel (VAT and transportation costs inclusive) is 485 manats. Azpetrol received roughly 144,300 tons of diesel fuel and LUKoil - roughly 49,700 tons, the state statistics committee reported. The Azerbaijani State Caspian Sea Shipping Company purchased about 10,000 tons of diesel fuel.

In January-July of 2009, 201.300 tons of fuel oil was sold to the domestic market, which is 73.5 percent less than the figure in 2008. The wholesale price of 1 ton of М-40 fuel oil in Azerbaijan is 100 manats (including delivery and VAT). According to the state statistics committee, Azerenerji JSC received about 118,000 tons of fuel oil and the Heydar Aliyev Oil Refinery Plant 32,400 tons for further refinery.

A total of 203,300 tons of aviation kerosene was sold in this period, 33.2 percent less than in 2008. The price of aviation kerosene is 307 manats per ton (including delivery and VAT).

The sale of petroleum bitumen totaled 124,800 tons, an increase of 42.6 times from 2008. The wholesale price of 1 ton of bitumen BN 60/90 (VAT and transportation costs inclusive) is 160 manats.

In January-July, some 47,200 tons of LPG was sold to the interior market, which is by 11.3 percent less than the figure of 2008.

The other more than 530,100 tons of oil products were also sold, less by 7.2 percent than in January-July 2008.

2. Chemical complexes

In Jan.-July Azerkimya state-owned company (production of chemical products) produced 6.9 million cubic meters of nitrogen which is 20.4 percent less than the figure of the same period of 2008, Azerbaijan State Statistics Committee said.

The production of polyethylene, isopropyl alcohol and paintwork materials shrank decreased in Jan.-July. Chlorine oxide was not produced during in this period.

Production of major types of chemical products in Jan.-Jul. 2009 is as follows:

Product  

Production in Jan.-Jul. , 2009

Compared to Jan.-Jul. 2008 (%)

Nitrogen (million cubic meters)

6.9

79.6

hydrate of sodium (tons)

4776.1

31.3

polyethylene (thous tons)

16.3

43.1

propylene (thous tons)

8.8

42

isopropyl alcohol (thous tons)

5.9

48

paintwork materials (thous tons)

1

63

Chlorine oxide (thous tons)

0

0

3. Power engineering

In Jan.-July, Azerenerji (Azerbaijan's largest energy producer) generated nearly 11.5 billion kilowatt hour of energy compared to more than 12.6 billion for the same period of 2008, the company said.

Thermoelectric power stations accounted for 10.3 billion kilowatt hour and hydro power stations 1.2 billion.

In July, Azerenerji generated about 1.4 billion kilowatt hour of energy 1.2 billion of which accounted for thermoelectric power stations and 0.2 billion for hydro power stations

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