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SOCAR slightly increases oil production in 2013

Oil&Gas Materials 21 January 2014 19:51 (UTC +04:00)
State Oil Company of Azerbaijan (SOCAR) produced over 8.31 million tons of oil from onshore and offshore fields of the country compared to 8.24 million tons in 2012.

Baku, Azerbaijan, Jan. 21

By Emil Ismayilov - Trend:

State Oil Company of Azerbaijan (SOCAR) produced over 8.31 million tons of oil from onshore and offshore fields of the country compared to 8.24 million tons in 2012, SOCAR said on Jan.21.

In total, around 43.48 million tons of oil was produced in Azerbaijan in 2013 compared to 43 million tons in 2012, according to the Sate Oil Company.

SOCAR includes Azneft (companies producing oil and gas on land and sea), Azerkimya (chemical industry), Azerigas (gas distribution) production associations. The State Oil Company also includes a number of processing enterprises, service enterprises, institutions engaged in geophysical and drilling activities.

Translated by L.Z.

Edited by C.N.

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