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Azerbaijani oil output slightly down

Oil&Gas Materials 24 January 2017 11:27 (UTC +04:00)

Baku, Azerbaijan, Jan. 24

By Maksim Tsurkov – Trend:

About 41.03 million tons of oil and gas condensate were produced in Azerbaijan in 2016 that is by 1.5 percent less than in 2015, according to a report of the country’s State Statistics Committee.

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

Main volume of oil production in Azerbaijan accounts for the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields.

The production of tank gas in Azerbaijan stood at 18.71 billion cubic meters in 2016 that is by 3.9 percent less than in 2015, according to the State Statistics Committee.

The tank gas production stood at 19.72 billion cubic meters in Azerbaijan 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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