Review of oil and gas operations in Azerbaijan (for 2010)

1. FEC

а) oil and gas production

In 2010, Azerbaijan extracted about 50.83 million tons of oil and gas or an increase of 0.9 percent from the same period of 2009, State Statistics Committee reported. 

The main oil production last year fell on the Azerbaijan International Operating Company, which produced 43.61 million tons of crude oil and condensate from the block of Azeri-Chirag-Guneshli offshore fields and Shah Deniz gas field which is 1.1 percent higher than index in 2009.

Gas production in 2010 in Azerbaijan totaled 26.23 billion cubic meters, which is 11.2 percent more than 2009.

b) refinery

In 2010, oil refineries in Azerbaijan processed more than 6.22 million tons compared to about 6.0 million tons over the same period last year, SOCAR said.

In 2010, the largest volume of production fell to diesel fuel - over 2.4 million tons compared to over 2.2 million tons in 2009.

Azerbaijan has two refineries with total capacity of 20 million tons per year. SOCAR supplies oil extracted at onshore and offshore fields to refineries at its own expense.

Oil production in Azerbaijan in 2010 (in thousand tons):

Oil products






- motor petrol



- straight run gasoline



Diesel fuel



Kiln oil



Oil bitumen



Oil coke






Liquefied gases



Motor fuel DT






In 2010, a significant improvement of the refineries allowed to cover the increasing demand for major petroleum products. In 2010, the depth of the oil refinery increased as compared to 2009 and amounted to more than 93 percent.

c) realization

The State Statistics Committee reported that approximately 3.9 million tons of oil products were sold to the internal market of Azerbaijan in 2010, which is more by 4.9 percent compared to the same period of 2009.

About 1.05 million tons of the total volume of oil products was petrol, which is an increase of 5.6 percent than in 2009. The wholesale price for one ton of А-92 gasoline in the internal market (VAT and transportation costs inclusive) is 670 manat and А-95 - 736 manat. According to the State Statistics Committee, Azpetrol received over 471,500 tons of gasoline, LUKOIL - about 165,600 tons, SOCAR Petroleum 216,200 tons.

In 2010, about 916,900 tons of diesel fuel was sold to the domestic market, which is by 16.9 percent more compared to the same period of 2009. The wholesale cost of 1 ton of diesel fuel (VAT and transportation costs inclusive) is 485 manat. Azpetrol received roughly 218,200 tons of diesel fuel, SOCAR Petroleum-149,400 and LUKoil - roughly 100,860 tons, the state statistics committee reported. The Azerbaijani State Caspian Sea Shipping Company received 23,000 tons of diesel fuel.

В настоящее время компания "Азпетрол" имеет 70 заправочных станций в Азербайджане, Azpetrol has 70 filling stations in Azerbaijan, of which 66 - petrol, 4 - gas stations. An oil tank farm with total capacity of 7,000 tons and car park, meeting international standards was commissioned in 1999 to improve fuel quality, ensure uninterrupted operation of filling stations and improve the quality of customer service. Currently, Azpetrol fleet consists of 110 fuel tankers with capacities ranging from 17 to 42 tons, which provide the company's filling stations with fuel. Azpetrol owns approximately 15 percent of the total number of filling stations in the country. The company's share in the relevant market sector is more than 50 percent.

SOCAR Petroleum currently has six gas stations in Baku. SOCAR plans to open 26-30 stations in Azerbaijan.

About 261,900 tons of fuel oil was sold to the domestic market, which is 9.7 percent less than the figure in. The wholesale price of 1 ton of М-40 fuel oil in Azerbaijan is 100 manat (including delivery and VAT).

A total of 486,800 tons of aviation kerosene was sold in 2010, 26 percent more than in 2009. The price of aviation kerosene is 307 manat per ton (including delivery and VAT).

The sale of petroleum bitumen totaled 228,300 tons in 2010, or 2.7 percent less than the same period of 2009. The wholesale price of 1 ton of bitumen BN 60/90 (VAT and transportation costs inclusive) is 160 manat.

About 83,900 tons of liquefied gas were sold on the interior market in 2010, which is 3.4 percent less than last year.

878,800 tons of other oil products were also sold, less by 8.4 percent than in 2009.

2. Chemical complex

SOCAR's Azerkimya PU (production of chemical products) produced 13.9 million cubic meters of nitrogen in 2010. It is 6 percent more than the same period of 2009, the Azerbaijani State Statistics Committee.

There was growth on almost all major types of chemical products in 2010.The decrease was recorded only in the manufacture of sulfuric acid and propylene.

Production of basic chemical products in 2010:



Compared to 2009 (in %)

Nitrogen (mln. cubic meters)



polyethylene (thousands tons)



propylene (thousands tons)



isopropyl alcohol (thousands tons)



paintwork material (thousands tons)



sulphuric acid (thousands tons)



In 2010, the country produced 566 tons of solid polyethylene pipes, tubes, hoses, that is by 2.2 times more than in 2009. Also, the republic produced 202 tons of porous polyurethane plates and strips, which is 49 percent lower than the previous year.

3. Power engineering

Azerenergy JSC (production and distribution of electricity in regions of Azerbaijan) generated about 18.4 billion kilowatt-hours of electricity in 2010 compared or 2.5 percent less than the same period of last year

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