Oil output in Azerbaijan fell 7.56% in the first eight months of 2012 compared with the same period the year before, to 29.3 million metric tons, the State Oil Company of Azerbaijan Republic, or SOCAR, said Friday.
Oil output in
Azerbaijan
fell
7.56% in the first eight months of 2012 compared with the same period the year
before, to 29.3 million metric tons, the State Oil Company of
Azerbaijan
Republic
, or
SOCAR, said Friday.
That was down from 31.5 million tons at the same point in 2011.
The country's natural gas production fell 1% to 17.5 billion cubic meters,
which was 185 million cubic meters less than at the same point a year before.
In 2011,
Azerbaijan
's oil
output was 45.4 million tons, or 10.6% less than in 2010, while natural gas
production dropped by 2.3% to 25.7 billion cubic meters.
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