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Azerbaijan ups gas production in January-July

Oil&Gas Materials 14 August 2012 17:39
In January - July 2012, Azerbaijan produced over 25.8 million tons of oil and gas condensate, which is 6.3 percent less than in January-July 2011, the Azerbaijani State Statistics Committee told Trend on Tuesday.

Azerbaijan, Baku, Aug.14 / Trend /

In January - July 2012, Azerbaijan produced over 25.8 million tons of oil and gas condensate, which is 6.3 percent less than in January-July 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 about 10.3 billion cubic meters in January - July 2012, or 7.7 percent more than in January-July 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 over 12.2 billion kilowatt-hours of electricity in January-July 2012, or 9.4 percent more than the same period of 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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