Azneft production association increases oil and gas extraction in first quarter
Azerbaijan, Baku, July 4 / Trend E. Ismayilov /
SOCAR's Azneft production association extracted approximately 3.4 million tons in the first half of the year or by 1.3 per cent more than the projected rate, the production association said.
According to the report, the production association extracted about 3.17 billion cubic meters of gas in January-June or 2.8 per cent more than the projected amount.
SOCAR includes Azneft (onshore and offshore oil and gas production), Azerkimya (chemical industry) and Azerigas production associations (gas distribution), as well as a number of processing enterprises, service enterprises and institutions engaged in geophysical and drilling operations.