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SOCAR reduces oil output by 2% in January-October


In January-October of 2017, the State Oil Company of Azerbaijan Republic (SOCAR) produced 6,198,300 tonnes of oil, down 1.8% from 2016, read a statement from SOCAR.

 

In October 2017, SOCAR produced 619,000 tonnes of oil, down 3.47% from a year earlier, up 0.51% from previous month.

 

In January-October 2017, 32,151,700 tonnes of oil were produced in the country, down 7.4% in comparison to a year earlier.

 

Oil production across the country made up 3,330,900 tonnes in October,  down 2.5% from previous year, 3.45% from September.

 

 

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