In 2021, the State Oil Company of Azerbaijan (SOCAR) exported over 3 million tons of refined oil and petrochemical products (including polymers), Report informs, citing SOCAR.

According to the company, this figure is about 25.5% more than in 2020.

As the only oil refinery in the region, the Heydar Aliyev Oil Refinery of SOCAR provides Azerbaijan with fuels such as RON-92, diesel and jet fuel, but also supplies SOCAR’s petrochemical plants in Azerbaijan with raw materials. Some of the plant’s products are exported. Modernization and reconstruction works aimed at increasing the production capacity of the refinery, providing the country with high-quality fuel in accordance with Euro-5 standards, stable supply of Azerikimya PU and increasing the export potential of oil products are important for Azerbaijan’s industry.