In 2014 Kazakhstan will make 4.2 million tons of diesel fuel, reported Asian CA-News quoting Alisher Argimbayev, chief of the Department of Oil Refining and Oil Products Manufacture Monitoring of the Kazakhstan Ministry of Oil and Gas.
He said in 2014 three oil refineries of Kazakhstan will refine 14,650,000 tons of oil, which will be used to make 2,789,000 tons of gasoline, 4,194,000 tons of diesel fuel, 460,000 tons of aviation kerosene and 2,974,000 tons of black oil.
During 2013 Kazakhstan refined 14.3 million tons of oil, which were used to make about 2.7 million tons of gasoline, 4 million tons of diesel fuel, over 400 tons of aviation kerosene and about 3.5 million tons of black oil. –0--
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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