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2009 March 4   12:59

Azerbaijan's SOCAR boosts oil product exports 19% in Jan-Feb 09

The State Oil Company of the Azerbaijani Republic  (SOCAR) exported 401,499 tonnes of petroleum products to world markets  in January-February 2009, up 18.9% from the first two months of 2008, the company told Interfax.

SOCAR  exported  283,336 tonnes of diesel fuel in January-February, 33,609 tonnes  of  gasoline, 83,972 tonnes of jet fuel and 582 tonnes of fuel oil.

The  company  exported  210,082  tonnes  of  petroleum  products in February, including 17,703 tonnes of gasoline, 154,574 tonnes of diesel, 37,223 tonnes of jet fuel and 582 tonnes of fuel oil.

SOCAR  reduced  petroleum  product  exports  10.8% to 2.581 million tonnes in 2008.

Azerbaijan's two oil refineries, Azerneftyag and Baku Oil Refinery, have capacity  to  refine  22  million  tonnes of oil per year. Both are owned by SOCAR.

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