Azerbaijan
The Gunashli field plays an important role in Azerbaijan`s oil and gas industry. The field`s shallow part is developed by SOCAR on its own, while its deep-water part is developed jointly with foreign partners.
Currently, SOCAR is implementing a program for stabilizing and increasing the oil production.
The company produced 3.16 million tons of oil at offshore and onshore fields in January-May 2016 as compared to 3.46 million tons in January-May 2015.