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Oil, gas condensate output increase in Azerbaijan

Oil&Gas Materials 13 August 2016 14:51 (UTC +04:00)
In January-July 2016, 24.7 million tons of oil and gas condensate were produced in Azerbaijan that is by 0.7 percent more than in the same period of 2015.

Baku, Azerbaijan, Aug. 13

By Maksim Tsurkov – Trend:

In January-July 2016, 24.7 million tons of oil and gas condensate were produced in Azerbaijan that is by 0.7 percent more than in the same period of 2015, said the report of the country’s State Statistics Committee.

Azerbaijan produced 41.69 million tons of oil and gas condensate in 2015, as compared to 41.9 million tons in 2014.

The main volume of oil output in Azerbaijan accounts for the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields.

In January-July 2016, 11.02 billion cubic meters of tank gas was produced in Azerbaijan that is by 8 percent less than in the same period of 2015, according to the committee.

Tank gas output was 19.72 billion cubic meters in Azerbaijan in 2015 versus 18.7 billion cubic meters in 2014.

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