Bank Of Baku

SOCAR boosts oil exports by 42% in 2009

SOCAR boosts oil exports by 42% in 2009
# 21 January 2010 16:23 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. SOCAR exported 3 240 360 tonnes of oil in 2009, up 42.06% from a year ago.

The company said it boosted oil exports to world markets despite a decline in oil prices.

SOCAR also refined 6 035 970 tonnes of oil down 21.7% from 2008.

SOCAR produced 9 063 190 tonnes of oil (including condensate) in 2009.
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