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Azerbaijan increases oil production in Q1

Oil&Gas Materials 18 April 2015 17:24 (UTC +04:00)

Baku, Azerbaijan, Apr.18
By Maksim Tsurkov - Trend:

The production volume of oil and gas condensate in Azerbaijan in Jan.-March 2015 totaled 10.67 million metric tons, or 1.4 percent more than in the same period of 2014, Azerbaijani State Statistical Committee said in its report.

The production volume of oil and condensate in Azerbaijan totaled 41.9 million metric tons in 2014, compared to 43.1 million metric tons in 2013.

The major part of oil and gas production accounts for the Azeri-Chirag-Guneshli oil and gas fields' block and Shah Deniz gas condensate field that are developed jointly with foreign partners.

The production of the commercial gas in the country stood at 5.16 billion cubic meters in Jan.-March, according to the report on Q1 of 2015.

The production of commercial gas in the country totaled 18.7 billion cubic meters in 2014, compared to 17.9 billion cubic meters in 2013.
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