Azerbaijan cuts production of oil products

Azerbaijan cuts production of oil products Some 4.7%-decline was observed in production of oil products in Azerbaijan during January-May, 2012. According to State Statistical Committee, production of gasoline rose 1.7%, kerosene – 4.8%. Production of diesel fuel decreased by 9.8% to 911.8 thousand tons. Production of lubricating oils dropped 14% to 30.2 thousand tons. AZN 46.4 mln-finished products were in oil processing enterprises’ storehouses.    Read More