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SOCAR produces 4.5 million barrels of oil in Jan.

Oil&Gas Materials 18 February 2011 13:30 (UTC +04:00)

Azerbaijan, Baku, Feb. 18 / Trend /

In January, SOCAR extracted about 4.5 million barrels of oil (about 611,800 tons) in offshore and onshore fields of the country compared to about 4.6 million barrels (624,600 tons) in January 2010, SOCAR said.

About 1.1 million barrels fall to joint projects of SOCAR with foreign companies. About 202.310 barrels fall to operating companies. About 832,7 million barrels fall to "Azeri-Chirag-Guneshli", about 56.440 barrels fall to gas condensate from Shah Deniz field.

In January SOCAR received about 601,5 million cubic meters, compared to 669 million cubic meters during the same period of last year. SOCAR's oil and gas departments extracted 572,7 million cubic meters of gas. Joint ventures and operating companies which produce natural gas onshore delivered SOCAR 19.6 million cubic meters of gas in January.

Azerbaijan International Operating Company (AIOC) extracted 307,6 million cubic meters of associated gas in the field "Azeri-Chirag-Guneshli" in January for SOCAR compared to about 250,1 million 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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