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Azerbaijan produces over 42 mln tons of oil in Jan.-Nov.

Oil&Gas Materials 14 December 2011 18:50 (UTC +04:00)

Azerbaijan, Baku, Dec. 14 / Trend E. Ismayilov /

In January-November 2011 Azerbaijan produced about 42.2 million tons of oil and condensate, which is 10.2 percent less than the same period of 2010, Azerbaijani State Statistics Committee said.

In total 50.83 million tons of oil was produced in Azerbaijan in 2010.

The bulk of oil last year was in the block oil and gas fields "Azeri-Chirag-Guneshli" and gas condensate field "Shah Deniz", which are developed jointly with foreign partners.

Gas production amounted to over 23.77 billion cubic meters in Azerbaijan in January-November, which is 2.6 percent less than the same period of 2010.

The country produced 26.23 billion cubic meters of gas in 2010, of which 16.67 billion fell to export.

In January-November Azerbaijan produced approximately 17.95 billion kilowatt hours of electricity, which is 6.8 percent more than in January-November 2010.

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