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SOCAR drilling operationvolume exceeds 51,000 meters in January-April

Oil&Gas Materials 14 May 2012 18:54 (UTC +04:00)

Azerbaijan, Baku, May 14 /Trend E.Ismayilov/

SOCAR has carried out drilling in the amount of 51,506 meters in January-April, compared to 54,602 meters in January-April last year, SOCAR said on Monday.

SOCAR has been implementing drilling operations in the amount of 147.3 thousand meters in 2011 compared to more than 136.3 thousand meters in 2010. SOCAR has made drilling in the amount of 168.2 thousand meters in 2009 compared to almost 203 thousand meters in 2008 and 190.4 thousand meters in 2007.

SOCAR is the only producer of oil products in the country having two oil refineries and also owns gas stations in Azerbaijan, Georgia, Ukraine and Romania. It bought a large network of filling stations in Switzerland last year. SOCAR is also a co-owner of the largest Turkish petrochemical complex Petkim. The company carries out oil trade in various regions of the world.

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