Baku 6° C
SOCAR exports 17.9 million tons of crude oil
Energy
- 18 January, 2021
- 09:40
In 2020, the State Oil Company of Azerbaijan (SOCAR) exported 17.9 million tons of crude oil to foreign markets.
The company also exports the profit share of the oil produced by consortiums of international companies operating in the country, which belongs to the state of Azerbaijan and SOCAR.
A total of 12 billion cubic meters of natural gas was consumed in the country during the year. Azerbaijan's natural gas exports increased by 16% to 13.4 billion cubic meters. In 2020, Azerbaijan exported natural gas to the Turkish and Georgian markets, and on the last day of the year to the European market for the first time.
Author
Latest News
17:54
Magnitude 5.5 earthquake strikes Cuba, EMSC says
Other countries17:29
Avalanches in Italy kill three off-piste skiers in Winter Olympics regions
Other countries17:03
Turkish MFA extends condolences to Sudan
Region16:36
Azerbaijani, Turkish FMs discuss bilateral and regional issues
Foreign policy16:15
Sudan drone attack kills 24 people, including eight children
Other countries15:50
Dark matter could be masquerading as black hole at Milky Way's core
Education and science15:23
Attacker and his accomplice in assassination attempt on Russian general nabbed — FSB
Region15:07
Washington Post publisher Will Lewis resigns just days after paper enacts mass layoffs
Other countries14:51