Gas production significantly up Azerbaijan in 9 months of 2019
Baku, Azerbaijan, Oct. 19
By Anastasia Savchenko - Trend:
From January through September 2019, almost 28.2 million tons of oil and gas condensate were produced in Azerbaijan, which is 2.7 percent less compared to the same period last year, Trend reports referring to the country's State Statistical Committee.
During the reported period, the volume of gas produced in Azerbaijan amounted to almost 26 billion cubic meters, including 16 billion cubic meters of marketable gas. Compared to the same period last year, these indicators increased by 16.8 and 29.3 percent, respectively.
As of Oct. 1, 2019, the stock of finished products (oil) amounted to 228,300 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 for 2018 in Azerbaijan amounted to 30.59 billion cubic meters (a 7.1-percent increase), while commercial gas output reached 19.2 billion cubic meters (a 5.8-percent increase).
Follow the author on Twitter: @AnSav_2105