Azerbaijan Oil Product Exports Grew 25% In Seven Months

Published: 8 August 2004 y., Sunday
The State Oil Company of the Azerbaijani Republic (SOCAR) exported 1.236 million tons of petroleum products in the period from January to July, up 25.2% from the same period last year, a company source told Interfax. The company's Azerneftyag refinery exported 733,100 tons of petroleum products, up 47.8% year-on-year, and the Aliyev Baku Oil Refinery (formerly Azerneftyanadzhag), which produces light fractions, exported 503,400 tons of products, up 2.4% year-on-year. SOCAR's biggest exports were diesel fuel at 717,500 tons, gasoline at 187,300 tons, straight run petrol at 33,500 tons, jet fuel at 81,700 tons, motor fuel at 14.6 tons, and fuel oil at 180,700 tons. The two oil refineries have combined capacity for 22 million tons of oil a year. Azerneftyag independently exports its product while the Baku refinery exports through the SOCAR marketing division
Šaltinis: Interfax
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Wincor Nixdorf sales up 4% despite slower biz growth

Wincor Nixdorf AG closed the first six months of fiscal year 2008/2009 with a 4 percent increase in net sales and a 2 percent increase in operating profit (EBITA). more »

Raiffeisen Bank in Poland launches mobile banking in Europe

Raiffeisen Bank Polska SA, a subsidiary of Raiffeisen International, a leading financial corporation in Central and Eastern Europe, has deployed "VIP Mobile," a next-generation mobile banking solution. more »

SOS for EU fishing – save our stocks

Commission calls for help with reforming EU fishing. more »

IFC and Lithuania’s SEB Bank Launch Transaction to Help Businesses Adopt Renewable Energy

IFC, a member of the World Bank Group, and SEB Bank today launched an innovative transaction that will support lending of around €50 million to help small and medium enterprises in Lithuania switch to renewable sources of energy. more »

MEPs to debate the 2007 budget discharge

Is your money well spent at EU level? Every year, in April, the EP concludes its examination of EU spending for the financial year closed 16 months previously. more »

Shake-up of gas and electricity market debated Tuesday

The right to compensation for poor service, the right to change gas and electricity suppliers and comparable prices are just three aspects of the proposed “third energy package” being debated today by MEPs. more »

Banks in India halt ATM expansion, consolidate tellers

As access to ATMs became free from April 1, many banks are expected to consider consolidating their teller operations instead of aggressively expanding ATM network. more »

“Smart Security” industry withstands crisis

Crisis or no crisis, secure identity cards will still be needed to cross borders… more »

UniCredit gives 1 million euro to help Abruzzo

A fund-raising initiative has been launched among 170,000 employees in all 22 countries where the Group operates more »

Bank SNORAS Klaipėda branch is among the top ten leaders of „Excellent service” month

This year AB Bank SNORAS also joined the promotional event "Praise excellent service!" which is held in March every year. more »