Baku, Azerbaijan, Nov. 21
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR produced five billion cubic meters of gas from the country’s offshore and onshore fields using its own funds in January-October 2017, as compared to 5.21 billion cubic meters of gas produced in the same period of 2016, said a message posted on SOCAR’s website.
Along with its own production, SOCAR also gets gas from the Shah Deniz and Azeri-Chirag-Gunashli (associated gas) fields by developing these fields together with foreign partners.
The total volume of gas produced from those fields and independently developed ones was 23.67 billion cubic meters in January-October 2017, as compared to 24.64 billion cubic meters in the same period of 2016.
SOCAR produced 6.27 billion cubic meters of gas from Azerbaijan’s offshore and onshore fields using its own funds in 2016, as compared to 6.87 billion cubic meters of gas produced in 2015.
The total volume of gas produced from the fields developed by SOCAR in cooperation with foreign partners and independently developed ones was 29.37 billion cubic meters in 2016, as compared to 29.05 billion cubic meters in 2015.
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