TODAY.AZ / Business

Azerbaijan state oil company increases own gas export by 26 percent

20 January 2010 [12:00] - TODAY.AZ
In Dec. 2009, the State Oil Company of Azerbaijan (SOCAR) increased volumes of gas exports 57.1 percent as compared to 12.1 percent in Nov, the company said.
In Dec., gas exports totaled 146.58 million cu m against 93.3 million cu m in Nov., 83.2 million cu m in Oct., 62.8 million cu m in Sept., 53.75 million cu m in Aug., 40.85 million cu m in July, 41.83 million cu m in June, 50.86 million cu m in May, 100.69 million cu m in April, 90.65 million cu m in March, 99.45 million cu m in Feb., 167.32 million cu m in Jan. 2009 and 178.45 million cu m in Dec. 2008.

Nearly 1.03 bn cu m was exported in 2009 compared 818.93 million cu m in 2008.

In 2009, SOCAR increased its own gas export by 25.9 percent.

In 2010, due to contracts with Russia’s Gazprom and Iran’s NIGEC, SOCAR exports are estimated to rise two to three fold in 2010.

/Abc.az/
URL: http://www.today.az/news/business/59804.html

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