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Azerbaijan ups gas production by 10 percent

Oil&Gas Materials 15 May 2012 17:36 (UTC +04:00)

Azerbaijan, Baku, May 15 / Trend E.Ismayilov /

In January - April 2012, Azerbaijan extracted 14.77 million tons of crude oil and condensate, which is 6.9 percent less than in January-April 2011, the Azerbaijani State Statistics Committee told Trend on Tuesday.

In total, Azerbaijan produced 45.37 million tons of oil in 2011 compared to 50.83 million tons in 2010.

The bulk of oil production fell to Azeri-Chirag-Guneshli (ACG) offshore fields and Shah Deniz gas condensate field that are developed in cooperation with foreign partners.

Gas production hit 5.96 billion cubic meters in January - April 2012, or 9.9 percent more than in January - April 2011.

About 26 billion cubic meters of gas were extracted in the country in 2011 compared to 26.23 billion cubic meters of gas in 2010.

Azerbaijan generated 7.7 billion kilowatt-hours of electricity in January - April 2012, or 9.5 percent more than in January - April 2011.

Azerbaijan generated more than 20 billion kilowatt-hours of electricity in 2011, or 8.4 percent more than in 2010.

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