Baku: In January-February of this year, Azerbaijan processed 1.2 million tons of oil, marking a 9.1% increase compared to the same period last year, as reported by the Ministry of Energy of the Republic of Azerbaijan to APA-Economics. This increase highlights a significant upturn in the country’s oil refining activities.

According to Azeri-Press News Agency, during the same period in 2024, Azerbaijan processed 1.1 million tons of oil. Last year, nearly 5.8 million tons of oil were processed, representing a 10.8% decrease compared to the previous year.

The Heydar Aliyev Baku Oil Refinery, established in 1953, is responsible for all oil processing activities in Azerbaijan. The refinery fulfills the entire domestic demand for oil products. Currently, the facility is undergoing reconstruction and modernization to enhance its capabilities.