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Oil production up in Azerbaijan

Oil&Gas Materials 18 December 2018 12:00 (UTC +04:00)

Baku, Azerbaijan, Dec. 18

By Azad Hasanli – Trend:

In January-November 2018, Azerbaijan produced 35.47 million tons of oil and gas condensate, which is 0.1 percent more than in the same period of 2017, Trend reports referring to a report of the Azerbaijani State Statistics Committee.

As of October 1, 2018, 355,100 tons accounted for finished products.

The gas production in Azerbaijan reached almost 27.75 billion cubic meters in January-November 2018, including 17.4 billion cubic meters of commercial gas, according to the report. The indicators increased by 6.5 and 4.9 percent for the year accordingly.

As of December 1, 2018, 263,300 tons accounted for finished products.

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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