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U.S. increases purchase of oil products from Azerbaijan

Oil&Gas Materials 31 January 2014 18:01 (UTC +04:00)

Baku, Azerbaijan, Jan. 31
By Emil Ismayilov - Trend:

The U.S. imported some 366,000 barrels of oil products from Azerbaijan in January - October 2013 compared to 46,000 barrels during the same period of 2012, the U.S. Energy Information Administration (EIA) said.

The U.S. imported around 30,000 barrels of Azerbaijani oil products in October, according to EIA.

After a long break, the U.S. imported only 46,000 barrels of oil in 2012, while around 308,000 barrels of oil products were imported to this country from Azerbaijan in 2008.

Oil products in Azerbaijan are produced at two Baku refineries with a total capacity of 16 million tons per year. Both refineries are included in SOCAR, which annually processes approximately seven million tons of oil at offshore and onshore fields with its equity.

Translated by L.Z.

Edited by C.N.

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