Bank Of Baku

State Oil Company of Azerbaijan gets 37% rise in gas output

State Oil Company of Azerbaijan gets 37% rise in gas output
# 08 September 2008 13:17 (UTC +04:00)
Baku. Rashad Suleymanov - APA-Economics. State Oil Company of Azerbaijan (SOCAR) produced 651.38 million cubic meters of gas during August, a 5.5% decline on the prediction for this month.
Of this, 643.51 million cubic meters was produced by Oil and Gas Extraction Units and 7 840 cubic meters by joint ventures and operating companies.
In total 5 150.06 million cubic meters were extracted during January-August, a 1.4% fall as against the forecast and a 37.1% rise on the same period last year.
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