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Oil production down in Azerbaijan

Oil&Gas Materials 22 February 2018 15:06 (UTC +04:00)

Baku, Azerbaijan, Feb. 22

By Maksim Tsurkov – Trend:

In January 2018, 3.36 million tons of oil and gas condensate were produced in Azerbaijan, which is 0.2 percent less than in January 2017, the Azerbaijani State Statistics Committee said in a report.

In 2017, 38.78 million tons of oil and gas condensate were produced in Azerbaijan which is 5.5 percent less than in 2016.

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 1.58 billion cubic meters in January 2018, which is 5.9 percent more than in January 2017.

Commercial gas output in Azerbaijan stood at 18.16 billion cubic meters in 2017, as compared to 18.71 billion cubic meters in 2016.

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Follow the author on Twitter: @MaksimTsurkov

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