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Over 36 mln tons of oil produced in Azerbaijan in Jan.-Oct.

Oil&Gas Materials 18 November 2012 12:19 (UTC +04:00)

Azerbaijan, Baku, Nov. 18 / Trend E. Ismayilov /

In January - October 2012, Azerbaijan produced 36.03 million tons of oil and gas condensate, which is 7.5 percent less than in January-October 2011, the Azerbaijani State Statistics Committee told Trend on Saturday.

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.

Some 14.35 billion cubic meters of gas were produced in January-October which is 6.8 percent more than in the same period of 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 16.74 billion kilowatt-hours of electricity in January-October 2012, or 9.6 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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