5 855,4 thousand tons of oil products are predicted to be produced in Azerbaijan in 2023 which is 4,7% more in comparison to the forecast for 2019, APA-Economics reports citing State Budget Package of the Republic of Azerbaijan for 2020.
5 592,4 thousand tons of oil products are forecasted to be produced in the country in 2019. This indicator is expected to be 5 569,6 thousand tons in 2020.
According to the document, the growth is forecasted in the production of oil products in 2021 and 2022 and it is predicted to be 5 579,1 thousand tons and 5 603 thousand tons respectively.