BAKU, Azerbaijan, July 15
By Nargiz Ismayilova - Trend:
The State Oil Company of Azerbaijan (SOCAR) exported over 5 million tons of crude oil and about 3 billion cubic meters of natural gas in the second quarter of this year, Trend reports on July 15 referring to SOCAR’s report for the second quarter of 2020.
In the reporting period, the export of gas increased by 22.5 percent compared to the same period of last year.
SOCAR directly exported 138 million cubic meters of natural gas, the report said.
From January through June 2020, the export of oil and petrochemical products amounted to nearly 671,000 tons. the company added.
The actual level of gas consumption in the country rose up to more than 2.2 billion cubic meters. Thus, the volume of gas consumption by the population within the country increased by 20.5 percent, while the level of gas consumption in industry and energy decreased.
The State Oil Company of Azerbaijan is involved in the search, exploration and development of oil and gas fields in Azerbaijan; production, processing and transportation of oil, gas and gas condensate; sale of oil, gas and petrochemical products in the domestic and foreign markets; and providing the population with natural gas.
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