SOCAR Oil Production Declined

SOCAR Oil Production Declined

State Oil Company of Azerbaijan (SOCAR) produced 7,6 million tons of oil in the first eleven months of 2012. The statement came from sources in SOCAR.

706,638 tons of oil were produced in January, 660,942 tons in February, 660,900 tons in March, 684,300 tons in April, 700,900 tons in May, 678,500 tons in June, 700,900 tons in July, 701,800 tons in August, 680,100 tons in September, 705,113 tons in October, 683,200 tons in November.

Oil production has dropped by 2% over the same period of the last year.

Oil production in Azerbaijan in 2012 is predicted to be 42,8 million tons.

 

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