Bank Of Baku

Azerbaijan reduces oil production

Azerbaijan reduces oil production
# 28 December 2012 10:40 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. In January-November, Azerbaijan produced AZN 1,820.4 mln-oil production, down 3.9% from previous year.

 

Gasoline production rose 0.6% to 1,181,400 tonnes, kerosene – 2.4% - to 579,000 tonnes and oil bitumen – 11.6% to 269,000 tonnes.

 

Along with this, diesel fuel dropped 4.4% to 2,169,900 tonnes, lubricating oil – 29.5% to 60,100 tonnes, petrol for oil-chemistry industry – 30.2% to 136,100 tonnes.

 

Note that AZN 42.9 mln-finished products remained in the storehouses of oil enterprises. 

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