SOCAR increases oil export by almost 8%

Agshin Rafigoglu
Author

In 2022, Azerbaijan exported 26.3 million tons of oil (together with condensate), Report informs referring to the operational data of the Energy Ministry for 2022.

This is 1.8 million tons or 6.8% less than in 2021.

Of these, about 24.9 million tons fell on the Azerbaijan International Operating Company (AIOC). This is 1.9 million tons or 7.1% less than a year ago.

The share of the State Oil Company of Azerbaijan (SOCAR) accounted for 1.4 million tons of oil produced, which is 0.1 million tons or 7.7% more than on an annualized basis.

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