OPEC: Azerbaijan increased oil refining by nearly 16% last year

In 2021, daily crude oil refining in Azerbaijan amounted to 143,000 barrels (+15.8%), Report informs, citing the annual statistical bulletin of the Organization of the Petroleum Exporting Countries (OPEC).

According to the results of 2021, a total of 81.824 million barrels of oil were processed daily in the world. This is 5.1% more than at the end of 2020.

SOCAR's Heydar Aliyev Oil Refinery, as the only oil refinery in the region, provides Azerbaijan with fuel products such as RON-92, diesel, jet fuel, and raw materials to SOCAR's petrochemical plants in Azerbaijan.