Bank Of Baku

SOCAR reduces gas production 5%

SOCAR reduces gas production 5%
# 19 April 2016 12:52 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. The State Oil Company of Azerbaijan (SOCAR) produced 547,800 m³ of gas in March 2016, down 5.61% compared to a year earlier, up 8.60% to February of 2016.

 

In January-March 2016 SOCAR produced 1,595,300,100 m³ of gas, down 4.45% compared to 2015.

 

Note that SOCAR produced 543,100 m³ of gas in January, 504,400 m³ in February.

 

In March, total gas production across the country made 2,583,000 m³, down 0.24% from previous year, up 9.08% from February.

 

In January-March 2016 gas production across the country stood at 7,741,000 m³, up 0.75% in comparison with a year earlier.

 

2,520,000 m³ of gas were produced in January, 2,368,000 m³ in February across the country.

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