SOCAR increased oil production by 6.5% in 2021
SOCAR produced 7 million 892.079 thousand tons of oil in 2021, according to the website of the State Oil Company. According to SOCAR, in 2020 the company produced 7 million 407.206 thousand tons of oil. Thus, oil production in 2021 increased by 6.5%.Gas production by SOCAR amounted to 7 billion 857.594 million cubic meters (an increase of 7%).SOCAR produced 7 million 407.206 thousand tons of oil in 2020 (a decrease of 3.6% compared to 2019) and 7 billion ...