SOCAR accounts for 26% of Azerbaijan's total oil production in 2Q2025
Energy
- 31 July, 2025
- 15:30
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A total of 1,768,875 tons of oil were produced from fields operated independently or as a major shareholder by the State Oil Company of Azerbaijan (SOCAR) in the second quarter of 2025, Report informs, citing the company.
According to data, this is a decline of 106,688,000 or 5.7% compared to the corresponding period in 2024.
Overall, 6,825,722 tons of crude oil were produced in Azerbaijan during the second quarter of this year, which is 348,225 tons or 4.8% less than a year ago.
Meanwhile, in the second quarter of 2024, 1,875,463 tons of oil were produced from fields operated by SOCAR independently or as a major shareholder, while 7,173,947 tons of crude oil were extracted nationwide.
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