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Azerbaijan increases oil and gas production

Oil&Gas Materials 16 September 2010 18:50 (UTC +04:00)

Azerbaijan, Baku, September 16 / Trend /

Azerbaijan produced 34.25 million tons of crude oil and condensate in January-August, 2.2 percent more than oil and condensate production in January-August 2009, the Azerbaijani State Statistics Committee said.

Most was produced by the Azerbaijan International Operating Company, which produced 28.6 million tons of crude oil and condensate in the Azeri-Chirag-Guneshli block of offshore fields and the Shah Deniz gas field, This was 2.8 percent more than the same period last year.

Gas production totaled 17.63 billion cubic meters in Azerbaijan in January-August, 12.1 percent more than the same period last year. Over 6.9 billion cubic meters of gas was produced by the Azeri-Chirag-Guneshli fields (associated gas) and the Shah Deniz field, 1.4 percent more than in January-August 2009.

Azerbaijan generated about 12, 5 billion kilowatt-hours of electricity in January-August, which was 2.8 percent less than the same period last year.

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