Azerbaijan sees 2% decline in crude oil production

Azerbaijan sees 2% decline in crude oil production
# 18 May 2016 11:31 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In January-April 2016, Azerbaijan produced AZN 6 bln-products in the mining sector of industry, down 1.3% from previous year.

State Statistical Committee told APA-Economics that the crude oil production made 14 mln tonnes, marketable gas production – 6.3 bcm.

In January-April 2016, 13,975,200 tonnes of crude oil (including gas condensate) were produced in the country, down 1.8% compared to the four months of previous year. Consequently, the finished product made 391,900 tonnes.

Of this, 13,957,200 tonnes are marketable crude oil, down 1.8% in annual comparison.

During the reporting period, 9,935,600,000 cubic meters of gas were produced in the country, up 0.3% from 2015. Finished product stood at 1,026,700 cubic meters.

Of this, 6,296,700,000 cubic meters are marketable gas, down 9.2% compared to 2015.

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