Industry and Energy

Home page

Industry and Energy

SOCAR reduces oil production 2%

26 October 2015 09:15 (UTC +04:00)

Baku. Aqshin Rafiqoglu – APA-Economics. In September 2015, the State Oil Company of Azerbaijan Republic (SOCAR) produced 674,800 tonnes of oil, down 1.74% from 2014, 3.49% from August.

Note that, SOCAR produced 712,300 tonnes of oil in January, 641,900 tonnes in February, 717,200 tonnes in March, 684,200 tonnes in April, 706,500 tonnes in May, 675,500 tonnes in June, 702.5 tonnes in July and 699,200 tonnes in August.

Oil production during January-September 2015 stood at 6,214,100 tonnes, down 1.44% in comparison to the same period of 2014.

In September 2015, 3,501,000 tonnes of oil overall were produced in the country, up 0.92% from previous year and 3.36% in comparison to August of this year.

A total of 3,667,600 tonnes of oil was produced in the country in January 2015, 3,293,000 in February, 3,722,100 tonnes in March,3,549,300 tonnes in April, 3,426,300 tonnes in May, 3,314,000 tonnes in June, 3,532,000 tonnes in July and 3,387,000 tonnes in August.

In January-September 2015, 31,392,200 tonnes of oil in total was produced in the country, down 2.46% compared to the reporting period of 2014.