SOCAR pulls plug on oil and gas processing in 2Q2025

Jul 31, 2025 - 17:00
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SOCAR pulls plug on oil and gas processing in 2Q2025
In the second quarter, the State Oil Company of the Republic of Azerbaijan (SOCAR) reduced its oil and gas processing, with gas processing falling by over 10 percent. Exports of petroleum and chemical products also declined by nearly 15 percent compared to the same period last year.