Bank Of Baku

SOCAR reduces oil production by over 3%

SOCAR reduces oil production by over 3%
# 23 April 2015 10:08 (UTC +04:00)
Note that, in January 2015, SOCAR produced 712,300 tonnes of oil and in February 641,900.
 
Oil production during January-March 2015 stood at 2,071,400 tonnes, up by 1.77% in comparison with the same period of 2014.
 
In March 2015, 3,722,100 tonnes of oil overall was produced in the country. That is a 2.75% increase compared to March 2014 and a 13.0% increase in comparison with February of this year. 
 
Note that, in January 2015, a total of 3,667,600 tonnes of oil was produced in the country and 3,293,000 in February. 
 
During January-March 2015, 10,682,700 tonnes of oil in total was produced in the country, down by 1.85% compared to the first quarter of 2014. 
 
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