TODAY.AZ / Business

Azerbaijan's SOCAR oil output down 1.1% y-o-y in Q1

07 April 2007 [11:26] - TODAY.AZ
The State Oil Company of Azerbaijan (SOCAR) produced 2.191 million metric tons of oil (16 million bbl) in January-March, a 1.1% decline year-on-year, the company said Friday.

Oil output was 8.994 million tons (180,000 bbl/d) in 2006, the company said in a news release.

Over 2.001 million tons was refined in the first three months of 2007, up 2.1% year-on-year.

Azerbaijan produced 2.238 billion cubic meters of natural gas in the first quarter of the year, which is 35.3% more than in the same period last year.

In 2006, gas output stood at 6.825 billion cu m. RIA Novosti

URL: http://www.today.az/news/business/39021.html

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