Azerbaijan's oil refining drops to 5.8 million tons in 2024

Agshin Rafigoglu
Author

Azerbaijan's oil refining volume stood at 5.8 million tons in 2024, Report informs, citing the operational data published by the Ministry of Energy.

This marks a significant decrease of 0.7 million tons, or 10.8%, compared to the previous year.

In 2023, the country processed 6.5 million tons of oil.

Other News

Average gas price on European market up 9% by 2025-end 01 January, 2026 / 15:59
Azerbaijani oil price continues rising 01 January, 2026 / 14:31
More than 54 bcm of gas supplied to Europe via TAP, energy minister says 31 December, 2025 / 10:57
Azerbaijani oil price edges up slightly 31 December, 2025 / 09:41
SOCAR Green, Milla Dairy sign rooftop solar power project deal 30 December, 2025 / 19:42
SOCAR opens 3 new gas stations in Romania ahead of holidays 30 December, 2025 / 17:20
Connection to power grid in Karabakh, Eastern Zangazur to be free for residential customers 30 December, 2025 / 17:01
Azerbaijan raises gasoline price by 5 gapiks from January 2026 30 December, 2025 / 16:48
Azerbaijan sets fixed tariffs for electricity and natural gas 30 December, 2025 / 15:01
SOCAR Polymer observes over 4% increase in export revenues 30 December, 2025 / 12:07
SOCAR's Marketing Department earns nearly $360 million from non-oil exports 30 December, 2025 / 10:54
Azerbaijan boosts revenues from urea exports by almost 45% 30 December, 2025 / 10:44
Azeri Light crude drops to $65.57 per barrel 30 December, 2025 / 10:25
Oil prices edge lower on US statistics 30 December, 2025 / 09:35
US oil inventories rise 0.4M barrels in week 30 December, 2025 / 08:56
BP announces start date for seismic exploration at Shah Deniz field 29 December, 2025 / 15:43
SOCAR, Uniper discuss global gas market development prospects 29 December, 2025 / 13:17
BP: Over 1B barrels of oil produced from West Azeri platform to date 29 December, 2025 / 11:56
TAP gas orders to Europe rise at several exit points 29 December, 2025 / 10:35
Oil prices rise over 1% 29 December, 2025 / 10:27