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SOCAR produces around 6bln cu.m of associated gas in Jan-Sept

Oil&Gas Materials 25 November 2009 16:01 (UTC +04:00)

Azerbaijan, Baku, Nov. 25 / Trend /

In January-October 2009, oil and gas production units of the State Oil Company of Azerbaijan (SOCAR) extracted over 44.7million barrels (nearly 5.5 million tons) of oil from onshore and offshore fields in the country, SOCAR said.

SOCAR'S share of joint projects with foreign companies amounts to almost 11.3 million barrels; around 1.5 million barrels account for operating companies, around 9 million barrels for the Azeri-Chirag-Guneshli project and 112,00 barrels for gas condensate from the Shah Deniz field.

SOCAR produced nearly 6.1 billion cu m of gas. During this period, SOCAR's oil and gas production units (OGPU) produced roughly 5.7 billion cubic meters of gas. Joint ventures and operating companies transferred around 54.67 million cubic meters of gas to SOCAR.

The Azerbaijan International Operating Company (AIOC) produced nearly 3.33 billion cubic meters of associated gas from the Azeri-Chirag-Guneshli field.

There are 57 oil and gas fields in Azerbaijan, including 18 offshore. SOCAR has a staff of 62,000 employees.

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