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Azerbaijan increases commercial gas production

Oil&Gas Materials 6 December 2018 10:26 (UTC +04:00)

Baku, Azerbaijan, Dec. 6

By Azad Hasanli - Trend:

The commercial gas production in Azerbaijan amounted to 15.59 billion cubic meters in January-October 2018, which is 3.5 percent more than in January-October 2017, Trend reports citing the Azerbaijani State Statistics Committee.

In the reporting period, Azerbaijan produced more than 32.2 million tons of oil and gas condensate, which is nearly the same as in the same period of 2017.

As of Nov.1, 2018, the reserves of finished products (oil) was 284,400 tons.

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.

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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Follow the author on Twitter: @AzadHasanli

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