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SOCAR produced 3.1 mln tons of crude oil in January-May

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State Oil Company of Azerbaijan Republic, produced 3 161,7 tons of crude oil in January-May 2016.

SOCAR informs that crude oil production has decreased by 8.7% from the corresponding period last year.

639 thousand barrels of crude oil produced in the five months accounted for May which is by 9.6% less than in May last year.

Notably, Azerbaijan's oil production during that period amounted to 17 544,2 thousand tons.

Date
2016.06.14 / 12:06
Author
Axar.az
See also

Global oil prices edge lower

Oil prices fall in global market

Gold hits a new record above $3,744 per ounce

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

Azerbaijan resumes crude oil exports to India

Oil prices keep climbing on world markets

Global oil prices rise again

Global oil prices decline

Oil prices continue to climb in global markets

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