SOCAR reduces oil export by almost 6%

Agshin Rafigoglu
Author

In the second quarter of this year, the State Oil Company (SOCAR) exported 4,649,884 tons of crude oil to the world market.

Report informs referring to SOCAR data that this is a drop of 284,393 tons, or 5.8% y-o-y.

A total of 7,022,006 tons of oil and 5,686,049,000 cubic meters of gas were exported across the country in the reporting period, with the gas exports up 4.2% over the year.

Other News

Mirziyoyev: SOCAR, BP conducting exploration work on six blocks in Ustyurt 16 October, 2026 / 15:37
Azerbaijan reveals oil and gas production volumes for nine months 16 October, 2026 / 13:47
Azerbaijan transports 29.7 bcm of gas through main pipelines in January-September 16 October, 2026 / 13:27
Value of Azerbaijan's petroleum products output exceeds 4.6B manats 16 October, 2026 / 13:02
Azerbaijan's crude oil supplies to Vietnam exceed 1M tonnes 16 October, 2026 / 12:44
Azeri Light crude falls over $5 per barrel 16 October, 2026 / 10:29
SLB, BP ink deal for seismic data processing at Karabakh field in Caspian Sea 16 October, 2026 / 10:02
Brent crude falls to $105.3 per barrel 16 October, 2026 / 09:52
Azerbaijan's oil production approached 20M tons in 9 months 15 October, 2026 / 12:46
Kazakhstan, Azerbaijan plan to boost Kazakh oil transit via BTC, Tokayev says 15 October, 2026 / 12:46
Azerbaijan and Sri Lanka discuss energy cooperation 15 October, 2026 / 12:01
Azerbaijan's natural gas output reached almost 38 bcm in nine months 15 October, 2026 / 10:55
Azeri Light crude drops to $124.14 per barrel 15 October, 2026 / 10:14
Azerbaijan's Energy Ministry has appointed 115 energy managers nationwide to date 14 October, 2026 / 16:14
Uzbekistan adopts Azerbaijan's experience in energy sector 14 October, 2026 / 14:18
IEA: Azerbaijan fell 110,000 b/d short of OPEC+ quota in September 14 October, 2026 / 13:51
Minister: Azerbaijan carries out reforms to foster competition in energy sector 14 October, 2026 / 11:38
Parviz Shahbazov: Competitive selection attached particular importance in green energy projects 14 October, 2026 / 11:24
Parviz Shahbazov: Energy security must be aligned with consumer interests 14 October, 2026 / 11:11
Azerbaijan generates 4.2B kwh of green energy in nine months 14 October, 2026 / 10:58