1. FEC
а) Oil and Gas Production
Azerbaijan produced more than 6.37 million tons of oil and gas condensate in January-February 2018, which is 0.5 percent more than in the same period of 2017, according to a report of the country's State Statistics Committee.
In 2017, 38.78 million tons of oil and gas condensate were produced in Azerbaijan, which is 5.5 percent less than in 2016.
The main oil output in Azerbaijan accounts for the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields.
Output of commercial gas in Azerbaijan stood at 2.91 billion cubic meters in January-February 2018, which is 9.4 percent less than in the same period of 2017.
Commercial gas output in Azerbaijan stood at 18.16 billion cubic meters in 2017, as compared to 18.71 billion cubic meters in 2016.
b) Processing
Azerbaijan produced 767,100 tons of oil products in January-February 2018 as compared to 852,500 tons in the same period of 2017, Azerbaijan's State Statistics Committee said in a report.
SOCAR, which is the sole producer of oil products in Azerbaijan, is currently modernizing its processing facilities as the fuel consumption has increased in the country.
Azerbaijan produced 4.65 million tons of oil products in 2017 as compared to 5.17 million tons in 2016.
Azerbaijan's output of oil products in 2017:
|
Oil products |
Jan.-Feb. 2018 (1,000 tons) |
Compared to Jan.-Feb. 2017 ( %) |
|
Gasoline |
209.6 |
99.8 |
|
Naphtha |
41.1 |
121.2 |
|
Kerosene |
88.7 |
84.3 |
|
Diesel fuel |
328.3 |
103.8 |
|
Fuel oil |
12.4 |
8.6 |
|
Lubricants |
2.5 |
83.3 |
|
Oil bitumen |
44 |
104.5 |
|
Oil coke |
40.5 |
143.6 |
2. Chemical complex
In January-February 2018, 11,100 tons of propylene were produced in Azerbaijan that is 19.9 percent more than in January-February 2017, says a report of the country's State Statistics Committee.
Meanwhile, 19,900 tons of polyethylene were produced in Azerbaijan in January-February 2018 that is 8 percent more than in January-February 2017.
In January-February 2018, 20,500 tons of ethylene (increase of 7.9 percent as compared to January-February 2017) were produced in Azerbaijan.
Production of main chemical products:
|
Products |
January-February 2018 |
Compared to January-February 2017 (%) |
|
Nitrogen (million cubic meters) |
4201.8 |
117 |
|
Polyethylene (1,000 tons) |
19.9 |
108 |
|
Propylene (1,000 tons) |
11.1 |
119.9 |
|
Isopropyl alcohol (1,000 tons) |
2.81 |
120.5 |
|
Paint products (1,000 tons) |
1.22 |
133.3 |
|
Iodine (tons) |
27.9 |
97.2 |
|
Oxygen (1,000 cubic meters) |
646.2 |
163.3 |
|
Ethylene (1,000 tons) |
20.5 |
107.9 |
3. Electricity
Azerbaijan's power plants generated 4.12 billion kilowatt hours of electricity in January-February 2018 that is by 1.7 percent less than in the same period of 2017, says a report of the State Statistics Committee.
The report says that 3.97 billion kilowatt hours of the total electricity generated in January-February 2018 accounted for commercial electricity, which is 1.1 percent less than in January-February 2017.
Thermal power plants generated 3.78 billion kilowatt hours of total commercial electricity in January-February 2018 that is 0.5 percent less than in January- February 2017.
Azerbaijan's hydro-power plants generated 184.3 million kilowatt hours of commercial electricity in January-February 2018 that is 14.3 percent less than in January- February 2017.
Wind farms produced 2.4 million kilowatt hours of electricity, while solar power plants generated 4.4 million kilowatt hours of electricity in the reporting period.
