Baku, Azerbaijan, Mar. 19
By Sara Israfilbayova – Trend:
Azerbaijan produced 6.4 million tons of oil and gas condensate in January-February 2019, which is almost equal to the figures from the same period last year, Trend reports referring to a report by the State Statistical Committee.
The volume of gas produced amounted to almost 5.9 billion cubic meters over the same period, including 3.9 billion cubic meters of marketable gas. Over the year, these figures increased by 25.9 and 34.3 percent, respectively.
As of March 1, 2019, the stock of finished products (oil) made up 206,200 tons.
In 2018, Azerbaijan produced about 38.76 million tons of oil and gas condensate, which is roughly equal to the figures from 2017. The main volume of Azerbaijan's oil production accounts for the Azeri-Chirag-Guneshli (ACG) complex.
Gas production in Azerbaijan in 2018 amounted to 30.59 billion cubic meters (a 7.1-percent increase), while marketable gas output reached 19.2 billion cubic meters (a 5.8-percent increase).
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