Azerbaijan ups oil output since early 2018
Baku, Azerbaijan, June 16
By Maksim Tsurkov – Trend:
In January-May 2018, Azerbaijan produced more than 16.13 million tons of oil and gas condensate, which is 1.3 percent more than in the same period of 2017, according to a report of the Azerbaijani State Statistics Committee.
In 2017, Azerbaijan produced 38.78 million tons of oil and gas condensate, which is 5.5 percent less than in 2016.
The main volume of Azerbaijan's oil production accounts for the Azeri-Chirag-Guneshli (ACG) complex.
The commercial gas production in Azerbaijan amounted to 7.18 billion cubic meters in January-May 2018, which is 8.2 percent less than in January-May 2017, according to the report.
In 2017, the commercial gas production amounted to 18.16 billion cubic meters compared to 18.71 billion cubic meters produced in 2016.
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