Azerbaijani oil output down in Jan.-Feb. 2017
Baku, Azerbaijan, Mar. 24
By Maksim Tsurkov – Trend:
As much as 6.35 million tons of oil and gas condensate were produced in Azerbaijan in Jan.-Feb. 2017 that is by 7.4 percent less than in Jan.-Feb. 2016, according to a report of the country’s State Statistics Committee.
In 2016, 41.03 million tons of oil and gas condensate were produced in Azerbaijan, which is by 1.5 percent less than in 2015.
Main volume of oil production in Azerbaijan accounts for the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields.
The production of commercial gas in Azerbaijan stood at 3.26 billion cubic meters in Jan.-Feb. 2017 that is by 5.3 percent more than in Jan.-Feb. 2016, according to the country’s State Statistics Committee.
The commercial gas production stood at 18.71 billion cubic meters in Azerbaijan in 2016, as compared to 19.72 billion cubic meters in 2015.