Azerbaijan decreased oil production by 3% and increased gas production by 28% last year

Azerbaijan decreased oil production by 3% and increased gas production by 28% last year
  • Clock-gray 18:05
  • calendar-gray 21 January 2020

 

In 2019, the total value of production in mining and extractive industry in AZerbaijan equaled to AZN 32.7 bln., and increased by 0.4% as compared with 2018, "APA-Economics" reports citing the State Statistics Committee.

The production of commercial crude oil being the main product of the industry sector equaled to 37.4 mln. tons, and the production of commercial natural gas equaled to 24.5 bln. cubic meters.

As compared with the same period of the previous year, the oil production decreased by 3.3%, and the gas production increased by 27.7%.

Mirsaid İbrahimzade

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