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Azerbaijan marks increase in natural gas production

Oil&Gas Materials 22 November 2021 11:16 (UTC +04:00)
Azerbaijan marks increase in natural gas production

BAKU, Azerbaijan, Nov.22

By Leman Zeynalova – Trend:

Azerbaijan’s gross natural gas production stood at 35.34 billion cubic meters in 2020, or 6.57 percent more as compared to 33.16 billion cubic meters in 2019, Trend reports with reference to the Annual Statistical Bulletin 2021 of the Gas Exporting Countries Forum (GECF).

Gross natural gas production in Azerbaijan was equal to 24.58 billion cubic meters in 2011, 26.40 billion cubic meters in 2012, 27.85 billion cubic meters in 2013, 28.22 billion cubic meters in 2014, 27.83 billion cubic meters in 2015, 27.91 billion cubic meters in 2016, 27.07 billion cubic meters in 2017 and 28.41 billion cubic meters in 2018.

The country produced 25.14 billion cubic meters of marketed gas in 2020, as compared to 22.84 billion cubic meters in 2019 (10.07 percent increase).

Reinjection fell from 7.99 billion cubic meters in 2019 to 7.60 billion cubic meters in 2020, gas flaring dropped from 0.30 billion cubic meters to 0.15 billion cubic meters, while other losses stood at 2.45 billion cubic meters in 2020, as compared to 2.03 billion cubic meters in 2019.

Azerbaijan’s proven gas reserves stood at 1.917 trillion cubic meters in 2020, remaining unchanged from 2019.

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