SOCAR increases oil production
Baku, Azerbaijan, Nov. 25
By Emil Ismayilov - Trend:
State Oil Company of Azerbaijan (SOCAR) produced over 6.24 million tons of oil at the country's offshore and onshore fields in Jan.-Sept. compared to over 6.17 million tons in Jan.-Sept. 2012, a message from SOCAR published on Nov.25 said.
According to the message, SOCAR produced some 682,900 tons of oil in September compared to 680,100 tons in September 2012.
SOCAR produced around 8.24 million tons of oil in the offshore and onshore fields of the country in 2012 compared to 8.4 million tons in 2011. Some 43 million tons of oil was produced in total in Azerbaijan in 2012 compared to over 45.6 million tons in 2011.
SOCAR includes Azneft (companies producing oil and gas on land and sea), Azerkimya (chemical industry) and Azerigas (gas distribution) production associations. The State Oil Company also includes a number of processing and service enterprises, as well as institutions engaged in geophysical and drilling activities