SOCAR discloses oil and gas production and processing volumes in 32 years

Over the past year, the State Oil Company of Azerbaijan (SOCAR) produced 7, 736,000 tons of oil, Report informs based on the calculations made with reference to the statistical figures released by SOCAR.

In total, the volume of oil produced by SOCAR from 1992 to the end of 2023 was 276,037 tons.

During the last year, the volume of natural gas production of SOCAR was 8.39 billion cubic meters. The volume of natural gas produced during the last 32 years was 201.39 billion cubic meters.

In 2023, the volume of crude oil processed in the country was 87,490 tons. From 1992 to the end of 2023, the oil processed in SOCAR's refineries and enterprises amounted to 230,549.