SOCAR reduces oil export by almost 6%

Energy
  • 27 July, 2023
  • 13:36
SOCAR reduces oil export by almost 6%

In the second quarter of this year, the State Oil Company (SOCAR) exported 4,649,884 tons of crude oil to the world market.

Report informs referring to SOCAR data that this is a drop of 284,393 tons, or 5.8% y-o-y.

A total of 7,022,006 tons of oil and 5,686,049,000 cubic meters of gas were exported across the country in the reporting period, with the gas exports up 4.2% over the year.