Baku, Azerbaijan, Nov.2
By Maksim Tsurkov - Trend:
The State Oil Company of Azerbaijan (SOCAR) exported 983,240 tons of oil products from Jan.-Oct. 2015, or 1.2 percent less than in the same period in 2014, the company's website said.
SOCAR exported 1.2 million tons of oil products in 2014, compared to around 1.05 million tons in 2013.
Previously, oil products in Azerbaijan were manufactured at two refineries in Baku. Both of these refineries were included in SOCAR, which annually processes around 7 million tons of oil produced at onshore and offshore fields with its own funds.
SOCAR announced the liquidation of Azneftyag oil refinery and its merger with the Heydar Aliyev Baku Oil Refinery in December 2014.
The major part of Azerbaijani oil products is exported to Georgia.
Below is the summary table of exported oil products:
|
Oil products |
Jan.-Oct., 2015 (tons) |
Jan.-Oct., 2014 (tons) |
|
Diesel fuel |
781,599 |
826,042 |
|
Jet fuel |
201,360 |
158,885 |
|
Furnace oil |
280 |
417 |
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