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Azerbaijan produced 22.5 mln tons of oil in 2017

Oil&Gas Materials 15 August 2017 16:09 (UTC +04:00)

Baku, Azerbaijan, Aug. 15

By Maksim Tsurkov – Trend:

In January-July 2017, 22.5 million tons of oil and gas condensate were produced in Azerbaijan, which is 8.9 percent less than in the same period of 2016, according to the State Statistical Committee’s report.

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

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

Output of commercial gas in Azerbaijan stood at 10.87 billion cubic meters in January-July 2017, or 1.3 percent less than in January-July 2016, according to the State Statistical Committee.

Commercial gas output stood at 18.71 billion cubic meters in Azerbaijan in 2016, as compared to 19.72 billion cubic meters in 2015.

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