Azerbaijan increases oil production

Azerbaijan increases oil production
  • Clock-gray 15:08
  • calendar-gray 17 April 2018

In January-March 2018 the production in mining sector amounted to AZN 8.2 billion, up 1.8% from previous year.


According to State Statistical Committee, the crude oil production made up 9.7 million tonnes (+2.2%), marketable gas production – 4.4 billion cubic meters (-5.8%).


In January-March 2018, 9,662,400 tonnes of crude oil (including gas condensate) were produced, up 2.2% from a year earlier. Marketable oil stood at 9,649,800 tonnes, up 2.2% in comparison to a year ago. As of April 1, 2018 the finished products stood at 260,000 tonnes. 


In the reporting period, gas production across the country made up 7,145,800,000 cubic meters, down 5.8% from 2017. Of this, 4,443,300,000 cubic meters was marketable gas, down 5.8% in comparison to a year earlier.

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