Friday, November 24, 2017

Azerbaijan's Oil and Natural Gas Output Fall in First Half

Posted by July 17, 2017

Azerbaijan's oil production dropped by 9 percent year-on-year to 19.161 million tonnes in the first half of 2017, the country's State Statistics Committee said on Monday.

Natural gas output in the six months was also down year-on-year, dropping to 14.115 billion cubic metres (bcm) from 14.923 bcm in the same period of 2016.

Azerbaijan produced 41.03 million tonnes of oil and 29.33 bcm of gas in 2016.


(Reporting by Nailia Bagirova; writing by Vladimir Soldatkin and Margarita Antidze)

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