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Oil production down in Azerbaijan

Oil&Gas Materials 15 December 2016 20:59 (UTC +04:00)
Some 37.72 million tons of oil and gas condensate were produced in Azerbaijan in January-November 2016, which is 1.5 percent less than in the same period of 2015

Baku, Azerbaijan, Dec. 15

By Maksim Tsurkov – Trend:

Some 37.72 million tons of oil and gas condensate were produced in Azerbaijan in January-November 2016, which is 1.5 percent less than in the same period of 2015, the State Statistics Committee said in a report.

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

The main oil output in Azerbaijan currently comes from the Azeri-Chirag-Gunashli field.

The tank gas production in Azerbaijan stood at 17.02 billion cubic meters in January-November 2016, or 4.9 percent less than in the same period of 2015.

The country produced 19.72 billion cubic meters of tank gas in 2015, as compared to 18.7 billion cubic meters in 2014.

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Follow the author on Twitter: @MaksimTsurkov

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