BAKU, Azerbaijan, Oct. 16
By Fidan Babayeva - Trend:
The State Oil Company of Azerbaijan (SOCAR) exported over 3.6 million tons of crude oil and about 148 million cubic meters of natural gas in the third quarter of this year, Trend reports referring to SOCAR.
In the reporting period, the export of gas increased by 13 percent compared to the same period of last year.
SOCAR directly exported 3 billion cubic meters of natural gas, the report said.
From July through September 2020, the export of oil and petrochemical products amounted to nearly 571,000 tons. The actual level of gas consumption in the country rose up to more than 2.3 billion cubic meters mainly due to growth in the level of gas consumption by the population.
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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