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SOCAR produced 1.9 mln tons of oil in Q1 of 2016
Energy
- 19 April, 2016
- 09:50
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Baku. 19 April. REPORT.AZ/ In January-March, 2016, the State Oil Company of Azerbaijan (SOCAR) has produced 1 898.2 mln tons of crude oil.
Report informs referring to SOCAR, oil production decreased by 8.4% compared to the same period last year.
During the reporting period 646.2 thousand tons of the total volume produced which is by 10% less than in March 2015.
In January-March, the total volume of oil production in Azerbaijan amounted to 10 507, 2 thousand tons.
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