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Azerbaijan reduces oil production in 2014

Oil&Gas Materials 16 January 2015 16:56 (UTC +04:00)
In 2014, Azerbaijan produced 41.9 million metric tons of oil and gas condensate against 43.1 million metric tons of oil and gas condensate, produced in 2013,
Azerbaijan reduces oil production in 2014

Baku, Azerbaijan, Jan. 16

By Emil Ismayilov - Trend:

In 2014, Azerbaijan produced 41.9 million metric tons of oil and gas condensate against 43.1 million metric tons of oil and gas condensate, produced in 2013, according to a message from Azerbaijan's State Statistics Committee.

The main volumes of oil and gas accounted for the Azeri-Chirag-Guneshli block of oil and gas fields and the Shah Deniz gas and condensate field, which are developed jointly with foreign partners.

The message said the production of marketable gas in Azerbaijan in 2014 stood at 18.7 billion cubic meters against 17.9 billion cubic meters of marketable gas produced in 2013.

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