Advertisement
UK markets closed
  • FTSE 100

    8,438.20
    +56.85 (+0.68%)
     
  • FTSE 250

    20,658.87
    +127.57 (+0.62%)
     
  • AIM

    790.50
    +6.80 (+0.87%)
     
  • GBP/EUR

    1.1620
    +0.0009 (+0.08%)
     
  • GBP/USD

    1.2521
    -0.0003 (-0.02%)
     
  • Bitcoin GBP

    48,679.74
    -912.61 (-1.84%)
     
  • CMC Crypto 200

    1,268.30
    -89.70 (-6.61%)
     
  • S&P 500

    5,210.53
    -3.55 (-0.07%)
     
  • DOW

    39,413.60
    +25.84 (+0.07%)
     
  • CRUDE OIL

    79.00
    -0.26 (-0.33%)
     
  • GOLD FUTURES

    2,370.40
    +30.10 (+1.29%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,756.86
    +70.26 (+0.38%)
     
  • CAC 40

    8,214.35
    +26.70 (+0.33%)
     

Azeri state firm SOCAR reduces oil and gas output in January

BAKU, Feb 25 (Reuters) - Azeri state energy company SOCAR reduced oil production to 712,300 tonnes in January from 715,880 tonnes a year ago, a source at the firm said on Wednesday.

The source, who did not want to be named as he was not authorised to talk to the press, said natural gas output declined to 570,200 million cubic metres (mcm) in January this year from 598,000 mcm in January 2014.

He did not give a reason for decline.

SOCAR increased oil production to 8.4 million tonnes in 2014 from 8.3 million in 2013, and its natural gas output rose to 7.2 billion cubic metres (bcm) from 7.1 bcm. (Reporting by Nailia Bagirova; Writing by Margarita Antidze; Editing by David Evans)