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Commercial gas output up in Azerbaijan

Oil&Gas Materials 18 April 2017 11:30 (UTC +04:00)

Baku, Azerbaijan, Apr. 18

By Maksim Tsurkov – Trend:

In January-March 2017, 9.46 million tons of oil and gas condensate were produced in Azerbaijan that is by 9.9 percent less than in the same period of 2016, says a report of the State Statistics Committee.

In 2016, 41.03 million tons of oil and gas condensate were produced in Azerbaijan that is by 1.5 percent less than in 2015.

The Azeri-Chirag-Gunashli (ACG) block of oil and gas fields accounts for the lion’s share in oil output in Azerbaijan.

The output of commercial gas, according to the State Statistics Committee, stood at 4.79 billion cubic meters in January-March that is by 0.9 percent more than in the same period of 2016.

The volume of commercial gas output was 18.71 billion cubic meters in Azerbaijan in 2016, as compared to 19.72 billion cubic meters in 2015.

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Follow the author on Twitter: @MaksimTsurkov

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