Bank Of Baku

Azerbaijan increases sale of oil production by 5%

Azerbaijan increases sale of oil production by 5%
# 22 November 2010 09:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan sent to consumers 5.4 mln tons of oil production (including export) during January-October, 2010, up 4.9% compared with a year ago.

According to State Statistical Committee, 58.9% of this was directed to the meeting of domestic need, 41.1% was exported. 38.5% of oil production was diesel fuel, 18.9% gasoline, 9.2% - kerosene for aviation, 4% - black oil fuel, 3.8% - liquefied gases, 3.7% - petroleum bitumen, 1.3% - lubricating oil, 20.6% others.

3.2 mln tons of oil production were sent to countries consumers during teh same period, up 1.4% compared with a year ago.

SOCAR’s Marketing and Economic Operating Department realized to the private organizations 86% of gasoline, 54.4% of lubricating oil, 42.8% of black oil fuel and 37% of diesel fuel which received from oil processing plants.
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