Home
Category
TV Live Menu

• ახალი ამბები ბიზნესში •

Loading data...

SOCAR Increased Gas Exports To Georgia By 51%

625fdcd6ad71d
Natia Taktakishvili
20.04.22 17:00
642
SOCAR significantly increased production in 1Q2022. According to a report released by the organization, the company produced 1.9 million tons more oil and 1.9 billion cubic meters of natural gas than the previous year.

The total volume of oil produced by SOCAR in the first quarter amounted to 8.3 million tons, while natural gas production reached 11.8 billion cubic meters. Gas production increased by 13.5%.

The company noted that they exported 6.7 million tons of oil and 5.9 billion cubic meters of natural gas in the first quarter. SOCAR had a 14.7% increase in natural gas exports.

Among the growing export markets, SOCAR also singles out Georgia, where 770 million cubic meters of natural gas were sold in Q1, which was 50.6% more compared to the same period of the last year.