BAKU, Azerbaijan, August 13. In the second quarter of this year, 659,025 tons of oil, as well as petrochemical and gas chemical products from Azerbaijani enterprises of the State Oil Company of Azerbaijan (SOCAR), were exported to international markets, Trend reports.
According to SOCAR, this is an 8.04 percent rise, or 49,022 tons, over the same period the previous year.
Moreover, in the second quarter of 2023, SOCAR exported 610,003 tons of oil, petrochemical, and gas-chemical products.
SOCAR is involved in the exploration of oil and gas fields, as well as the production, processing, and transportation of oil, gas, and gas condensate. The company also handles the sale of oil and petrochemical products in both domestic and international markets and supplies natural gas to industrial enterprises and the population in Azerbaijan, as well as to Europe.
The company operates in countries including Türkiye, Georgia, Romania, Switzerland, Germany, and Ukraine, with trading activities primarily in Switzerland, Singapore, and Nigeria.