Bank Of Baku

Azerbaijan decreases production of oil products by 11%

Azerbaijan decreases production of oil products by 11%
# 19 March 2014 09:07 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Azerbaijan-based oil producers produced AZN 419.1 mln-products in January-February, 2014, down 10.9% from previous year.

 

State Statistical Committee says 198,100 tonnes of gasoline were produced during the two months of 2014, down 13.6% by contrast to a year earlier.

 

Production of petrol for oil-chemical industry dropped 47.8% to 15,100 tonnes. During this period, 115,800 tonnes of kerosene were produced, down 2.1% compared to a year earlier.

 

Diesel fuel production slid 15.9% to 372,100 tonnes. Oil bitumen production fell 12.4% to 42,300 tonnes. 

 

Lubricating oils production rose 28.8% to 7,600 tonnes. 

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