In January and February production of oil products in Azerbaijan decreased since 1 March of last year by 8% - to 389 million 276.1 thousand manat.
According to the State Statistics Committee, the largest decline occurred in the production of black oil - by 99.5% (200 tons), lubricating oils - by 65.8% (2.6 thousand tons), bitumen - by 53.4% (19.7 thousand tons) and kerosene - by 7.9% (106.6 thousand tons).
Growth in January and February was recorded in the production of gasoline by 0.7% (199.4 thousand tons), straight-run gasoline by 36.4% (20.6 thousand tons), and diesel fuel - by 18.3% (480 9 thousand tons).
All the production takes place at the Baku Oil Refinery named after Heydar Aliyev, which from 1 January 2015 included the refinery Azerneftyag. --17D-
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review