Azerbaijan gets 7.3% decline in oil production

  14 March 2017    Read: 843
Azerbaijan gets 7.3% decline in oil production
In January-February 2017, the production in industrial sphere amounted to AZN 6.5 billion, down 3.7% from previous year.
According to the State Statistical Committee, the production rose 5% in non-oil sector, declined 5.1% in oil sector.

The Committee says 71.8% of production has been realized in mining sector, 22.5% in processing, 5% - energy, gas and steam production, distribution and supply, 0.7% - water supply, waste treatment and processing. Oil production in the mining sector declined 7.3%, marketable gas increased 5.3%.

Production rose 3.3% in energy, gas and steam production, distribution and supply, dropped 1.3% in water supply, waste treatment and processing.

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