SOCAR plans to increase gas production this year-FORECAST

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SOCAR forecasts to produce 8,363,540,000 cubic meters of gas from its fields in 2022, SOCAR told APA-Economics.

Note that SOCAR last year produced 7,857,594,000 cubic meters of gas in the fields operated independently or as a major shareholder. So, gas production over SOCAR will increase by 6,4% in 2022, in comparison to the indicator of 2021.

In January-March of this year, the Company produced 1 917 971 thousand cubic meters of gas, which is 0,08% more in annual comparison.