...

Azerbaijan’s production of oil and gas condensate down

Oil&Gas Materials 16 April 2021 21:57 (UTC +04:00)
Azerbaijan’s production of oil and gas condensate down

BAKU, Azerbaijan, April 16

By Fidan Babayeva - Trend:

The production of natural gas in Azerbaijan from January through March 2021 exceeded 10.5 billion cubic meters, including commercial gas - 7.8 billion cubic meters, Trend reports with reference to the Azerbaijani State Statistics Committee's report.

These indicators increased by 5.7 percent and 12 percent, respectively, on an annualized basis.

Oil and gas condensate production in the reporting period amounted to 8.8 million tons, which is by 7.2 percent less than from January through March 2020.

As of April 1, 2021, stocks of finished products (oil) amounted to 412,800 tons.

The natural gas production in Azerbaijan exceeded 36.7 billion cubic meters in 2020. The production of commercial gas amounted to 26.06 billion cubic meters. These indicators increased by 3.1 percent and 6.3 percent, respectively, on an annualized basis.

Oil and gas condensate production amounted to 34.5 million tons last year, which is by 7.8 percent less than in 2019.

As of January 1, 2021, stocks of finished products (oil) amounted to 439,500 tons.

---

Follow the author on Twitter: @Fidan_Babaeva

Tags:
Latest

Latest