Azerbaijan’s Socar Pumped Less Crude Oil, Natural-Gas Last Year

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State Oil Co. of Azerbaijan pumped less oil and gas in 2012 as the Caspian Sea nation cut output.

The producer known as Socar delivered 8.2 million metric tons of oil, down 1.88 percent, figures published today on the website of the Baku-based company show. Socar also produced 6.87 billion cubic meters of natural gas in 2012, down 3 percent.