Azerbaijan’s state energy company SOCAR exported around 1.04 million tons of oil goods produced in its own oil refineries in 2013, SOCAR said on January 7.
This figure amounted to 1.24 million in 2012.
Also, the company exported 14,250 tons of petrol, 899,905 tons of diesel fuel, 131,322 tons of aircraft gasoline, and 657 tons of furnace oil in January-December 2013.
Azerbaijan’s oil products are produced on the base of two oil refineries in Baku with total capacity of 16 million tons of oil per year. Both refineries are part of SOCAR, which processes about seven million tons of oil a year. The oil production is carried out at ground and sea wells at the expense of its own funds.
Azerbaijan produced 43.5 million tons of oil and 29.5 billion cubic meters of gas in 2013.
SOCAR, which includes production associations Azerneft (companies involved in production of oil and gas onshore and offshore), Azerkimya (chemical industry enterprises), and Azeriqaz (gas distribution), is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in the domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.
SOCAR owns gas stations in Azerbaijan, Switzerland, Georgia and Ukraine. It has representative offices in Georgia, Turkey, Romania, Austria, Switzerland, Kazakhstan, Britain, Iran, Germany and Ukraine, and trading companies in Switzerland, Singapore, Vietnam, Nigeria, and other countries.