SOCAR Gas Export Department's non-oil revenues reach nearly $8M

Energy
  • 28 August, 2026
  • 16:49
SOCAR Gas Export Department's non-oil revenues reach nearly $8M

In January–July 2026, the Gas Export Department of the State Oil Company of Azerbaijan (SOCAR) exported non‑oil and gas products worth $7.7 million, Report informs, citing the Center for Analysis of Economic Reforms and Communication.

According to the center's monthly export review, this marks a sharp decline of 4.8 times, or $29.4 million, compared to the corresponding period in 2025.

During the first seven months of this year, Azerbaijan's total non‑oil and gas exports grew by 18.3% year-on-year, reaching $2.5 billion.