Baku, Azerbaijan, Oct.26
By Maksim Tsurkov - Trend:
The State Oil Company of Azerbaijan has produced 5.16 billion cubic meters of gas from Jan.-Sept. 2015, or 6.4 percent less compared to the same period in 2014 (5.52 billion cubic meters), said the message from the company.
Jointly with foreign investors, SOCAR develops the Azeri-Chirag-Guneshli block of oil and gas fields and Shah Deniz gas and condensate field.
The company produced 7.22 billion cubic meters of gas in 2014, compared to 7.31 billion cubic meters in 2013.
In total, 18.99 billion cubic meters of gas was produced in Azerbaijan from Jan.-Sept. 2015, or 5.7 percent less compared to the same period in 2014 (22.86 billion cubic meters), said the message.
The volume of gas production in Azerbaijan totaled 29.62 billion cubic meters in 2014, compared to 30.78 billion cubic meters in 2013.
SOCAR is the sole producer of oil products in Azerbaijan. It has two oil refineries and filling stations in Azerbaijan, Georgia, Ukraine, Romania and Switzerland.
The company includes production associations Azneft (the enterprises producing oil and gas onshore and offshore), Azerkimya (the chemical industry enterprises) and Azerigaz.
SOCAR also has a number of processing enterprises, service enterprises, and institutions involved in geophysical and drilling operations.
Edited by SI
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