4.9 million tons of crude from ACG exported for Q2

12:03 - 18.07.2019


July 18, Fineko/abc.az. SOCAR reports that in the 2nd quarter of 2019 SOCAR exported 4.9 million tons of crude oil, over 172 million cu m of natural gas, more than 604,000 tons of oil and petrochemical products, including profit oil from Azeri-Chirag-Gunashli (ACG) oilfield block.

Despite the decline in crude oil exports, the export of oil and petrochemical products recorded an increase of 48%.

This suggests that one of the factors causing the decline in exports of crude oil and gas is more directed for refining of products.

 

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