SOCAR Oil Production Fall by 2.5%

SOCAR Oil Production Fall by 2.5% The State Oil Company of Azerbaijan produced 5,5 million ton oil in the first 8 months in 2012. The statement came from sources in SOCAR. Production made 706,6 thousand ton in January, 660,9 thousand ton in February, 660,9 thousand tin in March, 684,3 thousand ton in April, 700,9 thousand ton in May, 678,5 thousand ton in June, 700,9 thousand ton in July, 701,8 thousand ton in August. Oil production has dropped by... Read More

Azeri Oil Export Fall by 12,1 %

Azeri Oil Export Fall by 12,1 % The State Oil Company of Azerbaijan (SOCAR) exported 13,9 million ton by the BTC pipeline in January-August 2012. According to CESD sources in the SOCAR, export made 1,9 million ton in January, 1,4 million ton in February, 1,9 million ton in March, 1,9 million tin in April, 1,7 million ton in May, 1,6 million ton in June, 1,9 million ton in July, 1,6 million ton in August. Oil export dropped 12,1 % (1,9 million ton)... Read More