Bank Of Baku

Azerbaijan’s fuel oil output rises 18%

Azerbaijan’s fuel oil output rises 18%
# 14 February 2007 12:21 (UTC +04:00)
In January SOCAR refineries produced 281,000 tons of fuel oil and added 9,000 tons of extra production to stockpile 290,000 tons of fuel for power plants.
This figure is a 18.3% rise over the same period last year.
Since early January, Azerbaijan refused to pay $235 per 1,000 cu m of Russian gas which used to fuel the country’s power stations and reoriented its stations to run on fuel oil. /APA/
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