From January to October 2012 Azerbaijan manufactured 1,968,000 tons of diesel fuel, down 5.8% against the same period last year, according to the Azerbaijan State Statistical Committee.
In 2011 Azerbaijan produced 2,049,000 tons of diesel fuel, up 70,000 tons against the same period in 2010. All products were manufactured at the Heydar Aliyev oil refinery.
During this period the country also manufactured 531,200 tons of aviation kerosene, up 1.6% against the same period in 2011. During 2011 SOCAR manufactured 621,500 tons of aviation kerosene. Production of aviation kerosene increased by 3.4% against 2010.-0-
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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