According to the results of the previous year, total proven oil reserves over SOCAR made up 120,204 mln tonnes, which is 4,53% less in annual comparison, APA-Economics reports citing SOCAR’s report titled “Sustainable development”.
According to the information, the total proven oil reserves over SOCAR made up 125,906 mln. tones in 2018.
Despite this, the Company’s indicators over gas condensate reserves increased. Thus, according to the results of 2019, this indicator made up 10,054 mln tonnes, which means a 25,7% increase.
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