Azerbaijan to increase gasoline production by 18% until 2026

There are plans to produce 1.238 million tons of motor gasoline in Azerbaijan in 2022, Report informs referring to the bill “On State Budget for 2022.”

According to the document, the production of 1.346 million tons of motor gasoline is forecasted in 2023, an increase of 8.7% from 2022.

In 2024, the production of petroleum products will amount to 1.460 million tons, which is 8.5% more than the forecast for 2023.

In 2025, around 1.463 million tons of oil products will also be produced, which is 0.16% more than in 2024. Compared to the forecast for 2022, the production of motor gasoline is expected to grow by 18.1% in 2025.