Azerbaijan declines oil production 4% in January

Azerbaijan declines oil production 4% in January
# 22 February 2017 10:26 (UTC +04:00)

In January 2017, the State Oil Company of Azerbaijan Republic (SOCAR) produced 645,100 tonnes of oil, down 0.29% from previous year, up 10.10% from December 2016, read a statement from SOCAR.

SOCAR produced 3,367,500 tonnes of oil in the reporting period, down 4.28% from a year earlier, up 1.58% from 2016’s December.

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