Fires increase at SOCAR facilities
A fire occurred on Offshore Platform No. 4 of the “28 May” Oil and Gas Production Department of SOCAR. According to the report from the “Azneft” Production Association, the incident happened on the evening of September 2. Firefighting vessels were promptly dispatched to the site, preventing the spread of the fire, which was fully extinguished.
As a result of the incident, Rafiq Isa oglu Islamov (born in 1960), an employee of the Specialized Oil Production Equipment Department No. 1 of “Azneft,” was killed. The circumstances of the incident are being evaluated, and appropriate measures are being taken, according to the report. It is worth noting that last week, on August 30, a severe fire occurred at the experimental and testing production facility of SOCAR’s Research Institute in the Surakhani district of Baku.
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Energy
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The State Oil Company of Azerbaijan (SOCAR) is launching the Leucipa monitoring program for the first time in the Caspian region to enhance production efficiency in the oil and gas industry, KOKAR reported. “SOCAR is implementing an innovative digital solution – the Leucipa monitoring program – to optimize processes and improve extraction efficiency. This initiative is part of a strategic collaboration with Baker Hughes. This project is a key part of SOCAR’s digital transformation strategy,” the company’s statement said.
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The daily oil production, including condensate, in Azerbaijan in January amounted to 74.5 thousand tons (559 thousand barrels). Of this volume, oil accounted for 61.7 thousand tons (454 thousand barrels per day), and condensate – 12.8 thousand tons (105 thousand barrels per day), the press service of Azerbaijan’s Ministry of Energy. Thus, Azerbaijan used 82.4% of its OPEC quota in January.
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In January 2025, Azerbaijan exported a total of 2 bcm of natural gas. Compared to January of the previous year, export volumes decreased by 300 mcm, the website of Azerbaijan’s Ministry of Energy. According to the ministry’s data, during the reporting period, Azerbaijan’s gas exports to Europe amounted to 1 bcm (a decrease of 100 mcm.)
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In January 2025, Azerbaijan exported 2 million tons of oil and condensate to foreign markets. The export volumes of liquid hydrocarbons from Azerbaijan decreased by 100 thousand tons, the website of Azerbaijan’s Ministry of Energy.
1 comment
Müslüm Əliyev
2024-09-04
После того как к руководству SOCAR-ом были приведены люди не имеющие никакого отношения к нефтяной промышленности ни по образованию, ни по предыдущей деятельности - это было неизбежно. Как пела Алла Пугачёва: то ли ещё будет ой-ей-ей!