Bank Of Baku

Azerbaijan sees 6% decline in gasoline production

Azerbaijan sees 6% decline in gasoline production
# 17 February 2015 13:47 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Azerbaijan-based oil enterprises produced AZN 198.2mln-products in January, 2015, down 17.1% from previous year.

 

State Statistical Committee says 112,500 tonnes of gasoline were produced last year, down 5.7% by contrast to a year earlier. Consequently, as of February 1, 2015, the finished product made 67,500 tonnes.

 

During this period, 260,000 tonnes of diesel fuel were produced, up 30.9% compared to a year earlier. Finished product stood at 62,400 tonnes.

 

Oil bitumen production fell 35.6% to 11,600 tonnes (finished product – 12,500 tonnes).

 

Kerosene production fell 5.1% to 57,800 tonnes with the finished product of 48,000 tonnes.

 

Oil bitumen production made 241,900 tonnes, down 22.6% from 2013. Finished products were 5,400 tonnes.

 

Lubricating oil dropped 78.0% to 1,100 tonnes (finished product – 13,200 tonnes), Gasoline for oil and chemical industry grew 50.0% to 4,200 tonnes (finished product – 7,700 tonnes), furnace oil production made 200 tonnes, down 99.3% from 2014’s January (finished product – 14,700 tonnes).

 

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