SOCAR slightly increases gas production

Oil&Gas Materials 25 November 2013 20:06 (UTC +04:00)

Baku, Azerbaijan, Nov. 25

By Emil Ismayilov - Trend:

The State Oil Company of Azerbaijan (SOCAR) produced 5.15 billion cubic meters of gas in January-September compared to 5.12 billion cubic meters in January-September 2012, SOCAR said today.

According to the report, SOCAR produced 557.3 million cubic meters of gas in September compared to 551.2 million cubic meters in the same period of 2012.

SOCAR produced 7.46 billion cubic meters of gas in 2012 compared to 7.08 billion cubic meters in 2011.

According to SOCAR, some 29 billion cubic meters of gas was produced in the country in 2012, compared to about 26 billion in 2011.

SOCAR includes the Azneft production association (company producing oil and gas onshore and offshore) and the Azkimya production association (chemical industry) and Azerigaz production association (gas distribution).

Moreover, SOCAR includes a number of processing enterprises, service enterprises and institutions engaged in geophysical and drilling operations.