(MENAFN - Trend News Agency)
Baku, Azerbaijan, April 24
By Sara Israfilbayova – Trend:
Azerbaijan exported about 8,000 tons of liquefied petroleum gas (LPG) and about 200,000 tons of diesel produced at the Heydar Aliyev Baku Oil Refinery during the first quarter of 2019, David Mammadov, Vice President for Oil and Gas Transportation and Gas Facilities of the Azerbaijani Sate Oil Company SOCAR, told reporters at the 'Oil Refining and Petrochemistry of the Caspian Sea and Central Asia - Conjuncture, Projects Implementation, Technical Solutions' conference held in Baku, Trend reports.
According to the Vice President, LPG is mainly exported to Georgia, Pakistan, Afghanistan, Iran, while diesel is mainly exported to Georgia.
Mammadov added that gasoline is mainly aimed at satisfying the domestic market.
According to the State Statistical Committee of Azerbaijan, the production of petroleum products in Azerbaijan amounted to about 1.2 million tons in January-March 2019. In 2018, this figure stood at 4.76 million tons.
The Heydar Aliyev Baku Oil Refinery is being modernized. The modernization of the refinery will be completed in 2021, after which the operational life of the refinery will last till 2040.
The cost upgrading of the Heydar Aliyev Baku Oil Refinery is estimated at about $ 2.2 billion.
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