SOCAR raises gas production by 40%

In 2021, the State Oil Company of Azerbaijan (SOCAR) exported 18.1 million tons of oil (1% more than in 2020), Report mentions, referring to the leading production indicators of SOCAR last year.

This includes the oil produced by the company through its own means, as well as the profit share of the oil produced by international consortiums, which belongs to Azerbaijan and SOCAR.

Last year, SOCAR's natural gas exports increased by 40% to 18.8 billion cubic meters.