During 11 months oil production in Azerbaijan reduced by 3%, while tank gas increased by 5%

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Mar-de-Azerbaiyan-2005            From January to November 2014 oil production in Azerbaijan totaled 38.4 million tons, reads the web site of the State Statistical Committee.

            From January to November 2013 oil production in Azerbaijan totaled 39.5 million tons. Therefore, during 11 months, 2014 oil production in the republic decreased by 2.8%.

            According to the statistical data, from January to November 2014 tank gas production in Azerbaijan totaled 17 billion cub.m. (growth by 4.9% against 11 months, 2013).

            In 2013 oil production totaled 43,154,000 tons, while tank gas – 17.9 billion cub.m.

  According to the government’s forecast, in 2014 total oil production in Azerbaijan is forecast to be 41,653,500 tons, including 28.42 billion cub.m. of tank gas.

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