“We have already suspended the oil refinery for the planned repair,” Elman Ismaylov, General Director of Heydar Aliyev oil refinery, told journalists at the Caspian Oil & Gas 2015 exhibition.
He said according to the approved plan, the repair works will be completed on June 25 and the oil refinery will resume its operation by June 28, 2015.
He added that during this period it is planned to fully check the technological lines, replace some parts, check the automation safety system and etc.
Asked by Turan’s correspondent “if during this period the country will have sufficient fuel resources,” Ismaylov said usually Azerbaijan consumes about 120,000 tons of Ai-92 petrol a month. “We have already stored 110,000 tons and we plan to import additional volume of petrol,” explained Ismaylov.
He said that at present the Heydar Aliyev oil refinery makes only Ai-92 petrol.
By June 1, 2015 the Heydar Aliyev oil refinery numbered 3660 employees.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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