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SOCAR reveals volume of oil exported in first quarter of 2024
Energy
- 08 May, 2024
- 13:43
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In January-March of this year, the State Oil Company of Azerbaijan (SOCAR) exported 3,911,173 tons of oil to foreign markets, according to SOCAR's report on drilling, production, processing, and export figures for the first quarter of 2024, Report informs.
This is 712,048 tons, or 15.4% less, than in the same period of 2023.
It includes the oil volumes produced by the company with its own capabilities, and the profit shares of the oil produced by the international consortia operating in the country belonging to the state of Azerbaijan and SOCAR.
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