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Azerbaijan raises commercial gas production

Oil&Gas Materials 27 November 2020 17:10 (UTC +04:00)
Azerbaijan raises commercial gas production

BAKU, Azerbaijan, Nov. 27

By Fidan Babayeva - Trend:

Azerbaijan produced over 30.2 billion cubic meters of gas and 21.4 billion cubic meters of commodity gas from January through October 2020, Trend reports citing the report of the State Statistical Committee of Azerbaijan.

On an annualized basis, these indicators increased by 4.5 percent and 7.3 percent, respectively.

At the same time, the country produced almost 28.8 million tons of oil and gas condensate, which is 7.5 percent less compared to the same period of 2019.

As of November 1, 2020, the stock of finished products (oil) amounted to 359,800 tons.

In 2019, Azerbaijan produced over 37.5 million tons of oil and gas condensate, which is approximately the same compared to 2018. The bulk of oil production in Azerbaijan falls on the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields.

Gas production in Azerbaijan in 2019 made up nearly 35.6 billion cubic meters, commercial gas – over 24.5 billion cubic meters.

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Follow the author on Twitter: @Fidan_Babaeva

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