SOCAR Publicizes Volume of Oil and Gas Production in Azerbaijan in Jan-Apr

Azerbaijan, Baku / Trend / From January to April 2008, the State Oil Company of Azerbaijan (SOCAR), Operating Companies (OC) and Joint Ventures (JV) produced 21.2mln barrels of oil (2.9mln tons) from onshore and offshore fields of the country, which is 200,000 barrels less than the same period in 2006.

During this period, the oil and gas production units (OGPU) of SOCAR produced a total of 18.2 tons of oil (2.5mln tons), or 140,000 barrels less than 2007. In this period, foreign companies within the joint ventures (JV) and operating companies (OC) produced 3mln barrels of oil (412,000 tons), which is 80,000 barrels less than the production in 2007.

In accordance with the forecast, this year SOCAR, JV and OC will produce 64mln barrels (8.7mln tons) of oil. Some 55mln barrels of this volume (7.4mln tons) falls on the OGPUs of SOCAR and 9mln barrels (1.3mln tons) on JV. and OCs.

In January to April the oil and gas production units of SOCAR produced 2.5bln cu m of gas, or 753mln cu m more compared to same period of 2007. JVs and OCs produced 40.5mln cu m of gas in this period, or 14.4mln cu m less than in the same period of 2007.

During this period the Azerbaijan International operating Company (AIOC) produced 548.4mln cu m of associated gas from the Azeri-Chirag-Guneshli field, or 428.7mln cu m less as compared to 2006.

In accordance with the forecast, this year OGPU of SOCAR will produce 7,850nln cu m of natural gas and, JV and OC - 150mln cu m of gas. Azerbaijan will lift 2.9bln cu m of gas from the Shah Deniz field. This year AIOC will give to Azerbaijan 1.4bln cu m of gas.

There are fifty-seven oil and gas fields in Azerbaijan, including eighteen offshore. SOCAR staff consists of 63,000 employees.

Oil and gas production from January to April 2008:

Oil (ths. tons) April January to April
2008 2008 2007 %
Total 715,99 2884,22 2913,37 99,0
OGPUs of SOCAR 611,93 2471,97 2490,88 99,2
JV and OC 104,06 412,25 422,49 97,6
Gas(in mln cu m)
Total 631,50 2539,65 1786,34 142,2
OGPUs of SOCAR 622,63 2499,09 1731,35 144,3
JV and OC 8,87 40,56 54,99 73,8
Human Rights Council must condemn Islamophobic statements of French president - Lebanese lawyer
Human Rights Council must condemn Islamophobic statements of French president - Lebanese lawyer
Afghanistan to review the water right issue with Iran
Afghanistan to review the water right issue with Iran
Turkmenistan sells gasoline, diesel fuel to number of countries on exchange
Turkmenistan sells gasoline, diesel fuel to number of countries on exchange
Loading Bars
Turkmenistan ready to support contracts with companies of Russia’s Perm Krai
Recruiting children by Armenia against Azerbaijan is war crime, says Lebanese lawyer
President Ilham Aliyev: Azerbaijan restoring historical justice on battlefield
Azerbaijan's Aghjabadi district again under fire of Armenian Armed Forces
It is not worth using peacekeeping efforts of third states in settlement of Karabakh conflict - Georgian expert
Weekly digest of Azerbaijan’s energy sector
Uzbekneftegaz accelerates commissioning of technological devices due to autumn-winter period
EU's Barnier heads for London for Brexit deal talks
Corn oil produced by Georgian Plant Oil Company Qarva to enter supermarkets
President Ilham Aliyev talks proving to world that Karabakh is Azerbaijan's historical land
Turkey discloses 9M2020 data on cargo movement via its ports from UK
Armenia's leadership, criminal junta regime have no moral, ethical framework - Azerbaijani top official
Iran ready to fire at Armenian Armed Forces if they approach its border with Azerbaijan
Iran`s Quchan grapes exports revealed
Turkmen private sector provides half of industrial production in Balkan region
Amount of industrial enterprises launched in Iran's Hamadan soars
Iran reveals its COVID-19 data for October 26
Uzbekneftegaz eyes to increase natural gas production
Armenia never supports peace – Azerbaijani MP in interview to TRT World TV channel (VIDEO)
Karabakh conflict's settlement process is at hot point - Kremlin spokesman
Over 230 tankers with ACG oil shipped from Ceyhan terminal
Azerbaijani Prosecutor General's Office gives updates on civil casualties, damages
Iran's Shazand Oil Refining Company opens tender to buy equipment
Secretary of Iran's Supreme National Security Council slams French president
Canada points out importance of creating mechanism for resolving Nagorno-Karabakh conflict
EBRD supports construction of 100 MW wind farm in south of Kazakhstan
Georgian Tegeta Motors Company makes another deals
All nations in Azerbaijan united and will achieve victory - head of Russian community
Iran boosts generation capacity of thermal power plants
Kazakhstan's fixed investments volume decreases over 9M2020
Uzbekhydroenergo ready for foreign direct investment, says Fitch
German business sentiment falls on coronavirus angst
Turkey's 9M2020 export of defense industry products to Germany down
Polypropylene powder plant construction underway in Kazakhstan’s Shymkent
Azerbaijani Central Bank reveals amount of national currency attracted for deposit auction
President Ilham Aliyev announced names of villages of Zangilan, Jabrayil and Gubadli districts liberated from occupation yesterday
S&P says Azerbaijan's GDP to grow in coming years
Pakistan summons French ambassador to condemn 'Islamophobic' campaign
S&P Global Ratings affirms Azerbaijan's credit rating at 'BB +/B'
US slows down import of defense products from Turkey
New tomato greenhouse commissioned in Turkmenistan’s Balkan region
Kazakhstan doubles goods export to Croatia amid COVID-19
President's assistant talks Armenians using Azerbaijani military uniforms
Weekly review of Azerbaijani oil market
Information that Azerbaijan using military aviation - false – Defense Ministry
Cross-border money transfers in Uzbekistan down
Multi-apartment buildings in Turkmenistan's Dashoguz getting equipped with telephone networks
Kazakhstan's postal service operator to buy petrol via tender
Armenian Armed Forces shelling Azerbaijan’s Aghjabadi district - MoD
Kazakhstan's import from France up despite COVID-19
Panel on domestic petrochemicals production to be organized in Iran
Farewell ceremony for Russia-native Azerbaijani martyr being held (PHOTOS)
Armenia continues to violate humanitarian ceasefire regime
Mobile network all over Uzbekistan's Samarkand improves
Liberation of Azerbaijani lands from occupation to improve country's GDP, says expert
Russia's third-quarter revenue jumps 19.9% helped by gaming
Kazakhstan raises exports of Azerbaijani products
Kazakhstan's passenger cars manufacturing increases year-on-year
Kazakh gold extracting venture opens tender to equipment repairs
President Ilham Aliyev addresses the nation (PHOTO)
Uzbekistan expands range of ecosystem services
Railway line between Iran-Afghanistan to be launched soon
Update given on civilian casualties following Armenian shelling of Azerbaijan's Ganja
Uzbekistan eyes implementation of int’l standards in cotton production
Georgia records 1,872 new coronavirus cases
Georgian vegetable oil company Karva launches waste-free production
Russian Embassy in Turkmenistan brings back citizens to Moscow
Azerbaijan to win war, only few days left - political analyst
COVID-19 to weaken link between oil demand and economic growth
EU4Youth launches new project in Georgia
Israel's billionaires hit by Covid-19 economic crisis
OPEC’s ability to influence market to wane over next decade
Uzbekistan reveals volume of ICT services for 9M2020
Energy supply investment to rise to nearly $1.9 trillion within ten years
Armenian leadership responsible for violation of humanitarian ceasefire - Azerbaijani MFA
Agrarian, Construction, Manufacturing and Extractive Industries Will Develop in Gubadli
Human Rights Council must condemn Islamophobic statements of French president - Lebanese lawyer
Mehriban Aliyeva congratulates Azerbaijani people on liberation of several villages in Zangilan, Jabrayil, Gubadly districts, city of Gubadly
Iran produces smart national identity card
Afghanistan to review the water right issue with Iran
Armed Forces of Armenia firing at Azerbaijani positions from its territory
Iran's vegetable oil industry faces challenges
Iran's domestic autos receives four stars for quality
Local companies to be involved in digitalization of Turkmenistan’s exchange
Turkmenistan sells gasoline, diesel fuel to number of countries on exchange
Armenian armed forces shelling Aghdam district
Forecasts for power generation investment become more optimistic
FBI probes fire set in Boston ballot drop box
Upstream oil & gas spending set to decline by 35%
Azerbaijani MoD presents footage of serviceman talking about army's next goal
Armenia grossly violated new humanitarian ceasefire - Defense Ministry
Armenia always carried out ethnic cleansing in territories where they settled - expert
Azerbaijani currency rates for Oct. 26
Iranian currency rates for October 26
Number of coronavirus cases in Uzbekistan passes 65,000
We were targeting military infrastructure in Khankandi, because military basis situated in city - President of Azerbaijan
If I launched the war why should I wait for 17 years? - President of Azerbaijan
Responsibility for violation of humanitarian ceasefire regime lies with Armenia - Azerbaijani president's aide
Armenians who live in America, in France, in Russia don’t care about Armenians in Nagorno-Karabakh - President Aliyev
What President Trump does with respect to the conflict resolution is fully in line with international relations - President Aliyev
All news