SOCAR reduces oil output in June

  18 July 2016    Read: 821
SOCAR reduces oil output in June
In June 2016, the State Oil Company of Azerbaijan Republic (SOCAR) produced 620,000 tons of oil, down 8.21% from June 2015, 2.97% from May, read a statement from SOCAR July 18.
SOCAR produced 3,781,700 tons of oil in January-June, down 8.6% compared to the previous year.

SOCAR produced 647,000 tones of oil in January 2016, 605,000 tones in February and 646,200 tones in March, 624,500 tones in April and 639,000 tones in May.

Oil production across the country made 3,519,700 tones in June, up 6.2% in comparison to the same period of 2015, down 1.33% compared to March 2016.

In January-June 2016, 21,063,900 tones of oil overall were produced in the country, up 0.44% from the previous year.

A total of 3,518,200 tones of oil were produced in the country in January 2016, 3,339,300 tones in February, 3,649,700 tones in March, 3,469,800 in April, and 3,567,200 in May.

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