Bank Of Baku

SOCAR reduces oil output

SOCAR reduces oil output
# 07 October 2008 14:58 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. The State Oil Company of Azerbaijan produced 707 370 tons of oil during September, almost equal to the production rate in August.
Of this, SOCAR delivered 606 500 tons to refineries and exported 83 160 tons.
The company exported in total 6 484 180 tons of oil during January-September, a 2% decline on last year.
Of this, 5 470 360 tons were delivered to refineries and 979 260 tons exported.
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