SOCAR ups oil and gas production in January-October

Azerbaijan, Baku, Nov.25 / Trend /

In January-October, SOCAR's oil and gas departments extracted about 45 million barrels (over 6.1 million tons) in offshore and onshore fields of the country compared to over 44.7 million barrels (about 6.09 million tons) in January- October 2009, SOCAR said.

About 10.83 million barrels fall to joint projects of SOCAR with foreign companies. Over 1.8 million barrels fall to operating companies. About 5.6 million barrels fall to "Azeri-Chirag-Guneshli", 948,150 barrels fall to gas condensate from Shah Deniz field.

In January-October SOCAR received about 6.37 billion cubic meters, compared to about 6.1 billion cubic meters during the same period of last year. SOCAR's oil and gas departments extracted about 5.9 billion cubic meters of gas. Joint ventures and operating companies which produce natural gas onshore delivered SOCAR 71.9 million cubic meters of gas in January-October.

Azerbaijan International Operating Company (AIOC) extracted over 2.8 billion cubic meters of associated gas in the field "Azeri-Chirag-Guneshli" in January-October for SOCAR compared to over 3.3 billion cubic meters during the same period of last year.

There are 59 oil and gas fields, of which 18 offshore, the rest onshore in Azerbaijan.

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