Baku:Azerbaijan refined 4.5 million tons of oil from January to September this year, matching the figures from the same period last year. This represents a 2.2% decrease compared to the previous year, as reported by APA-Economics with information from the Ministry of Energy.
According to Azeri-Press news agency, last year, Azerbaijan refined a total of 6.2 million tons of oil, marking a 6.9% increase from the previous year.
The Heydar Aliyev Baku Oil Refinery, established in 1953, is responsible for refining oil in Azerbaijan. It fully satisfies the nation’s demand for petroleum products. Currently, reconstruction and modernization efforts are ongoing at the refinery.