SOCAR increases LNG trade by 33% this year

Energy
  • 17 May, 2022
  • 08:25
SOCAR increases LNG trade by 33% this year

For the four months of this year, the volume of oil and oil products purchased from third parties and sold by the State Oil Company of Azerbaijan (SOCAR) has amounted to 14.65 million tons, Report informs referring to SOCAR.

SOCAR traded 2.01 billion cubic meters of liquefied natural gas (LNG) in January-April this year, up 33% more than in the same period last year.

SOCAR creates added value by successfully trading in more than 100 points in 40 countries not only Azerbaijani oil and oil products, but also oil purchased from third parties.