Bank Of Baku

SOCAR reduces oil output by 2%

SOCAR reduces oil output by 2%
# 14 July 2017 12:32 (UTC +04:00)

In first half of 2017, the State Oil Company of Azerbaijan Republic (SOCAR) produced 3,705,400 tonnes of oil, down 2.1% from 2016, read a statement from SOCAR.

 

In June 2017, SOCAR produced 609,300 tonnes of oil.

 

SOCAR produced 19,160,500 tonnes of oil in January-June, down 9.1% in comparison to a year earlier.

 

Oil production across the country made up 3,226,300 tonnes last month

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