Azerbaijan cuts oil and gas extraction

  21 November 2015    Read: 943
Azerbaijan cuts oil and gas extraction
"Oil output is predicted on the level of 41,243,000 tonnes this year."
In January-October of 2015 Azerbaijan produced 35,025,800 tons of crude oil (including gas condensate), which is a drop of 2% over the indicator of the same period of the last year.

The due information is provided in the report of the State Statistics Committee on 10 months of this year.

In line with the information, 24,545,800,000 cubic meters of natural gas were produced in 10 months of this year, which is a drop of 2.7% over the same period of the last year.

By the governmental forecasts Azerbaijan`s oil output will make 41,234,000 tons and gas extraction is to amount to 30,110,000,000 cubic meters in 2015.

In addition, Azerbaijan produced 41,900,000 tons of oil and 29,615,300,000 cubic meters of gas in 2014.

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