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SOCAR ups gas production

Oil&Gas Materials 14 August 2009 17:54 (UTC +04:00)

Azerbaijan, Baku, August 14 / Trend /

In January-July, SOCAR oil and gas production units produced about 31.2 million barrels of oil (more than 4.2 million tons) compared to more than 31.9 million barrels (more than 4.3 million tons) from the onshore and offshore fields in the same period of 2008, the SOCAR said.

SOCAR's joint projects with foreign companies account for 8.3 million barrels. Operating companies account for 1.1 million, Azeri-Chiraq-Gunashli - more than 6.5 million barrels and gas and condensate from Shah Deniz 639,000 barrels.

In January-July, SOCAR received over 4.5 billion cubic meters of gas compared to 4.5 billion cubic meters for the same period of 2008. The SOCAR oil and gas production units produced 4.2 billion cubic meters of gas during this period. Joint ventures and operation companies, which produce gas from onshore fields, provided about 40.05 million cubic meters of gas to SOCAR in January-July.

In January-July, the Azerbaijan International Operating Company produced 2.4 billion cubic meters of associated gas for SOCAR compared to 991.4 million cubic meters for the same period of 2008.

There are 57 oil and gas fields in Azerbaijan. Eighteen are offshore fields. SOCAR has 62,000 employees.

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