Azerbaijan Jan-Sep Oil Output Down 8% On-Year At 35.5M Tons

Azerbaijan Jan-Sep Oil Output Down 8% On-Year At 35.5M Tons
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Τετ, 19 Οκτωβρίου 2011 - 18:21
Azerbaijan produced 35.5 million metric tons of crude oil in January to September, down 7.9% from the same period last year, the state statistics agency said Wednesday.
Azerbaijan produced 35.5 million metric tons of crude oil in January to September, down 7.9% from the same period last year, the state statistics agency said Wednesday.

Azerbaijan 's natural gas output over the nine months fell 2.6% on the year to 19.4 billion cubic meters.

The government expects total oil production in 2011 at 51.55 million tons, and gas production at 29.13 billion cubic meters.

The statistics agency didn't say how much the BP PLC (BP)-led consortium, that operates
Azerbaijan 's Azeri-Chirag-Guneshli block in the Caspian Sea , produced in the period.

Last year,
Azerbaijan produced 51.5 million tons of crude oil, or 1.03 million barrels a day, and 27 billion cubic meters of gas.

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