BAKU, Azerbaijan, Nov. 20
By Anastasia Savchenko - Trend:
From January through October 2019, almost 31.2 million tons of oil and gas condensate were produced in Azerbaijan, which is 3.2 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 28.9 billion cubic meters, including 19.9 billion cubic meters of marketable gas. Compared to the same period last year, these indicators increased by 15.9 and 27.8 percent, respectively.
As of Nov. 1, 2019, the stock of finished products (oil) amounted to 221,600 tons.
In 2018, Azerbaijan produced about 38.7 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 30.5 billion cubic meters (a 7.1-percent increase), while commercial gas output reached 19.2 billion cubic meters (a 5.8-percent increase).
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