SOCAR increases gas production
Baku, Azerbaijan, Aug. 21
By Emil Ismayilov - Trend:
The State Oil Company of Azerbaijan (SOCAR) produced some 4.4 billion cubic meters of gas in January-July 2014 compared to 4.18 billion cubic meters in the same period of 2013, SOCAR said Aug. 21.
SOCAR develops the Azer-Chirag-Guneshli block of oil and gas fields and Shah Deniz gas condensate field jointly with foreign investors.
SOCAR produced some 7.31 billion cubic meters of gas in 2013, compared to 7.46 billion cubic meters in 2012.
The country produced around 18 billion cubic meters of gas in January-July compared to 18.2 billion cubic meters in the same period of 2013, SOCAR said.
Azerbaijan produced some 30.78 billion cubic meters of gas in 2013 compared to 29 billion cubic meters in 2012.
SOCAR includes Azneft (companies producing oil and gas onshore and offshore), Azerkimya (chemical industry) and Azerigas (gas distribution) production associations.
In addition, the company has a number of processing and service enterprises, as well as institutions involved in geophysical and drilling activities.