SOCAR produced 3.1 mln tons of crude oil in 2016

Baku. 14 June. REPORT.AZ/ State Oil Company of Azerbaijan Republic, produced 3 161,7 tons of crude oil in January-May 2016.

Report informs referring to SOCAR, crude oil production has decreased by 8.7% from the corresponding period last year.

639 thousand barrels of crude oil produced in the five months accounted for May which is by 9.6% less than in May last year.

Notably, Azerbaijan's oil production during that period amounted to 17 544,2 thousand tons.