SOCAR intends to increase production in Umid field


1,09 bln. cubic meter gas was produced from Umid gas-condensate field, located in Azerbaijani sector of the Caspian Sea, last year, which is 28.2% more in annual comparison, Deputy Chairman of Public Relations and Events Management Department of SOCAR Ibrahim Ahmadov told APA-Economics.

According to him, 171 thousand tonnes of gas-condensate was produced from the field in 2020, which means an increase of 22.1% in annual comparison.

“These indicators are expected to increase in 2021,” said I. Ahmadov