Azerbaijan decreased oil production by 7%, and increased production of commercial-grade gas by 12%

Azerbaijan decreased oil production by 7%, and increased production of commercial-grade gas by 12%
  • Clock-gray 18:24
  • calendar-gray 15 September 2020

 During January-August of this year, 23 421,2 thousand tons of oil (including gas condensate) were produced in Azerbaijan, APA-Economics reports citing the State Statistics Committee.

23 323 thousand tons of the oil produced in the country during the reporting period fell to share of commercial-grade oil.

Compared to the same period of the last year, the oil production in the country decreased by 7%, while the production of commercial-grade oil – by 7,3%.

In the reporting period, the country produced 24 922,6 mln. cubic meters of natural gas 17 802,4 mln. cubic meters of which fall to the share of commercial-grade gas. Thus, compared to the same period of the last year, the gas production increased by 8%, while the production of commercial-grade gas – by 12,2%.

Mirsaid İbrahimzade

Other news