Some 42 million tons of oil were produced in Azerbaijan in 2014, Energy Minister of Azerbaijan Natig Aliyev told reporters May 13.
He said that oil production in the country stabilized in 2014.
“At the same time, some 34 million tons of oil and condensate were produced on the Azeri-Chirag-Guneshli and Shah Deniz block of fields out of 42 million tons of oil and condensate,” said the minister. “Some 29.6 billion cubic meters of gas were also produced.”
The energy minister said that 35 million tons of oil were exported from Azerbaijan in 2014. At the same time, some 67.9 percent of exported oil accounts for Azerbaijan.