In January of this year, Azerbaijan produced 600 thousand tons of oil, which is an increase of 24.7% in annual comparison, APA-Economics reports.
According to the report, in January 2023, 481 thousand tons of oil were produced in Azerbaijan.
Recall that last year, nearly 5.8 million tons of oil were produced in Azerbaijan, which is 10.8% less in annual comparison.
Note that oil is produced in the Heydar Aliyev Baku Oil Refinery, which was established in 1953. The refinery (NEZ) fully meets the country's demand for oil products. Currently, reconstruction and modernization works are being carried out at NEZ.
