SOCAR names oil production volumes

 Azerbaijan’s oil production as well as SOCAR’s one has grown after a June halting.

The State Oil Company of Azerbaijan reports that this July oil production by SOCAR reached 700,900 tons against 678,500 tons in June, 700,900 tons in May, 684,300 tons in April, 660,900 in March, 660,942 tons in February, and 706,638 tons in January 2012. Company’s oil production for Jan-Jul 2012 made 4.79 million tons versus 8.4 million tons in 2011.

Country’s total oil production in July amounted to 3.698 million tons versus 3.66 million tons in June, 3.787 million tons in May, 3.498 million tons in April, 3.557 million tons in March, 3.557.780 tons in February, and 3.945 million tons in January 2012. For the first 7 months of 2012 oil production reached 25.7 million tons versus 45.625 million tons in 2011.

Peak oil production by SOCAR was recorded in 2009 – 9.5 million tons and by the country as a whole in 2010 – 50.795 million.

In 2011, peak production was recorded in January, when SOCAR produced 720,100 tons and the country as a whole 4.1 million tons.


/abc.az/