16:00 - 24.01.2020
January 24, Fineko/abc.az. Azerbaijan has unveiled the data on refined oil in the country for 2019.
ABC.AZ informs with reference to Energy Ministry’s report that the country refined 6.192 million tons of oil for the reported term. Oil refining for 2019 exceeded 104,000 in comparison with the previous year.
Work is currently underway to modernize the Heydar Aliyev Oil Refinery of SOCAR. As a result of the work carried out within the project, in 2021-22 Azerbaijan plans to produce diesel and petrol fuel that meets Euro-5 standard. And in 2024-25 the country plans to complete work on increasing production up to 7.5 million tons.
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