SOCAR exports over 1 million tons of oil goods

The State Oil Company of Azerbaijan (SOCAR) exported around 1.04 million tons of oil goods produced in its own oil refineries in 2013. This figure amounted to 1.24 million in 2012.

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.


/AzerTAc/