Bank Of Baku

Oil production in Azerbaijan decreases by 5.3%

 Oil production in Azerbaijan decreases by 5.3%
# 17 January 2013 11:25 (UTC +04:00)

 

State Statistical Committee says non-oil sector rose 7.8%, oil sector dropped 4.2% during the reporting period: “75.4% of production was carried out in mining sector, 18.9% - in processing, 5.1% - production, distribution and supply of power energy, gas and condensate, 0.6% - n water supply, waste treatment and processing”. 

 

Besides, oil extraction in 2012 made 43 mln tonnes, marketable gas – 17.2 bcm. Oil extraction reduced 5.3%, gas extraction rose 5.4% in comparison to a year earlier.  

 

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