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Azerbaijan produces over 10 mln tons of oil in first quarter of 2014

Oil&Gas Materials 15 April 2014 17:11 (UTC +04:00)
Azerbaijan produced 10.43 million tons of oil and gas condensate in January-March 0f 2014, which is 3.2 percent less than the same period last year, according to the report of the State Statistics Committee.

Baku, Azerbaijan, April 15
By Emil Ismayilov - Trend:

Azerbaijan produced 10.43 million tons of oil and gas condensate in January-March 0f 2014, which is 3.2 percent less than the same period last year, according to the report of the State Statistics Committee.

Azerbaijan produced 43.1 million tons of oil and gas condensates in 2013, compared to 42.98 million tons in 2012.

The most of oil in the past year accounted for "Azeri-Chirag-Guneshli" oil and gas fields block and "Shah Deniz" gas condensate field which is being developed jointly with foreign partners.

Marketable gas production in the country amounted to about 4.54 billion cubic meters in January-March, according to the State Statistics Committee, which is 4.2 percent more than the same period last year.

Azerbaijan produced 17.9 billion cubic meters of marketable gas in 2013, compared to 17.24 billion cubic meters in 2012.

Translated by S.I.
Edited by S.I.

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