Azerbaijan sees 8% decline in oil output and 5% decline in gas production

  12 October 2017    Read: 704
Azerbaijan sees 8% decline in oil output and 5% decline in gas production

In January-September 2017 SOCAR produced 5,579,300 tonnes of oil, down 1.7% from previous year and 4,457,800,000 cubic meters of gas, down 5.3% from previous year.

SOCAR produced 615,800 tonnes of oil and 498.7 million cubic meters of gas last month.

Totally 28,820,800 tonnes of oil were produced in Azerbaijan in the reporting period, down 7.9% in comparison with a year earlier. Total production across Azerbaijan made up 3,219,600 tonnes in September.

Totally 21,118,100,000 cubic meters of gas were produced in Azerbaijan in the reporting period, down 5.3% in comparison with a year earlier. Total production across Azerbaijan made up 2,414,000,000 cubic meters in September.

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