SOCAR reduces oil output by 2% this year

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20 December 2017

In January-November of 2017, the State Oil Company of Azerbaijan Republic (SOCAR) produced 6,802,300 tonnes of oil, down 1.91% from 2016, read a statement from SOCAR.

 

In November 2017, SOCAR produced 604,000 tonnes of oil, down 2.26% from a year earlier, 2.42% from previous month.

 

In January-November 2017, 35,326,000 tonnes of oil were produced in the country, down 6.34% in comparison to a year earlier.

 

Oil production across the country made up 3,174,300 tonnes in November, down 5.87% from previous year, 4.7% from October.


 

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