SOCAR more than doubles oil production

In January-November of this year, the State Oil Company of Azerbaijan (SOCAR) exported 2.9 million tons of oil (+1.6 million tons, or 2.2-fold), Report informs, citing SOCAR.

In the reporting period, Azerbaijan International Operating Company (AIOC) exported about 20.2 million tons of oil, 2.5 million tons, or 11%, less than the same period in 2022.

Azerbaijan's total oil and condensate exports in the eleven months of 2023 made up 23.1 million tons, 0.9 million tons, or 3.75%, down from the previous year.