Last year, SOCAR produced 7.7 mln. tons of oil on the fields operated directly by itself using its own potential, and this figure is by 2% more than the indicator for 2018, “APA-Economics” reports citing the annual report issued by SOCAR.
The company produced 6.8 bln. cubic meters of gas in 2019 which means 4.6% growth.
Note that the total gas production in the country amounted to 35.6 bln. cubic meters, and oil production – to 37.5 mln. tons.