Bank Of Baku

SOCAR boosts gas exports in 2009

SOCAR boosts gas exports in 2009
# 20 January 2010 16:15 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. The State Oil Company of Azerbaijan (SOCAR) sold 9 925.18 million cubic meters of gas last yea, down 16.7% from a year ago.

According to the company, of this, 8 893.82 million cubic meters (down 21.06% on year) was sold on the domestic market and 1 031.36 million cubic meters (up 25.9%) was delivered to other countries.

In addition to SOCAR’s exports, Azerbaijan also exports natural gas volumes delivered to the government by the foreign companies under production sharing agreements for offshore oil-gas fields in the Caspian Sea.
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