Oil refining in Azerbaijan grows by 9% this year

In January-May 2023, the State Oil Company of Azerbaijan (SOCAR) processed 2.5 million tons of oil, Report informs, citing the country’s Energy Ministry.

Oil refining increased by 373,000 tons or 8.7% compared to the same period last year.

The Heydar Aliyev Refinery of SOCAR is the only refinery complex in the region and provides most of Azerbaijan's fuel demand.

Other News

Brent rises to $115.46 28 October, 2026 / 10:05
Azerbaijan, Senegal mull energy co-op 26 October, 2026 / 15:32