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Depth of oil refinery in Baku Oil Refineries in 2005 decreased by nearly 3%

Oil&Gas Materials 11 September 2006 12:39 (UTC +04:00)

In 2005, the volume of production of oil products from the oil sent for refinery has decreased by 1.7% in regard to the forecasts defined for this period. In addition, the depth of oil refinery decreased by 2.9%, Trend reports with reference to the report of the State Oil Company of Azerbaijan (SOCAR) on the activities of 2005.

In 2005, the commodity production equaled AZN 826.2 million. The prime cost of the products equaled AZN 546.5 mln.

Two Oil Refineries function under SOCAR Heydar Aliyev and Azneftyag. The capacity of these plants consists of 20 mln tons of oil. In 2005, 7392.3 thousand tons of oil were refined by the refineries of SOCAR or more than 2004 by 17.2% or 1083.8 th. t.

Due to the decrease of the gas import from Russia, Azneftyag transferred to the mazut regime of work. In 2004, the share of mazut in gross refinery wax reported at 28.7%. In 2005, this indicator equaled 32.8%.The volume of the mazut sent for the second refinery in 2005 decreased by 52.3 th. t. and equaled 636.2 th. t.

In 2005, 2237.5 th. t. or 32.6% of gross oil products were exported. In 2004, this indicator equaled 2051,6 th. t. or 35.5%.

Summary table of oil products manufactured in 2005 and 2004:

2005

2005

2004

Relative to 2004

Difference

Р' %

Total refined

7392,3

6308,5

+1083,8

117,2

Oil

Refinery named after Heydar Aliyev

3923,1

3190,1

+733,0

123,0

Azneftyag

3469,2

3118,4

+350,8

111,2

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