SOCAR cuts crude oil, natural gas output in Jan-Sept y/y

17:00 | 30.10.2015
SOCAR cuts crude oil, natural gas output in Jan-Sept y/y

SOCAR cuts crude oil, natural gas output in Jan-Sept y/y

Azerbaijan's state energy company SOCAR have reduced oil production to 6.2 million tonnes in January-September from 6.3 million tonnes in the same period a year ago, the company said on its website.

SOCAR said natural gas output declined to 5.2 billion cubic metres (bcm) in the first nine months of this year from 5.6 bcm in the same period last year.

SOCAR increased oil production to 8.4 million tonnes in 2014 from 8.3 million in 2013, and its natural gas output rose to 7.2 bcm from 7.1 bcm. (Reporting by Nailia Bagirova; Writing by Margarita Antidze; Editin

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