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SOCAR increases oil production by 10% in previous quarter
Energy
- 14 October, 2021
- 16:22
The volume of drilling work carried out by the State Oil Company of Azerbaijan (SOCAR) in the third quarter of 2021 amounted to 20,000 meters, which is 82% more than in the same period last year.
Report informs, citing the company's report that about 2 million tons of oil and about 2 billion cubic meters of gas have been extracted from the fields operated by the company.
SOCAR increased oil production by 10% and gas production by 9% compared to the corresponding period last year.
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