Energy

Bloomberg reported that oil and natural gas output for Socar was down over 2010 output.

Bloomberg reported that oil and natural gas output for Socar was down over 2010 output.

As quoted in the market news:

Oil and condensate output fell 2.6 percent to 7.4 million metric tons in the first 10 months of the year, the Baku-based company said in a report on its website. Gas production dropped 4.5 percent to 6.1 billion cubic meters.

Click here to read the full Bloomberg report.

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