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Azerbaijani State Statistics Show The Drop In Oil Production

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  • Azerbaijani State Statistics Show The Drop In Oil Production

    AZERBAIJANI STATE STATISTICS SHOW THE DROP IN OIL PRODUCTION

    19:47, 18 March, 2013

    YEREVAN, MARCH 18, ARMENPRESS: According to the Azerbaijan State
    Statistical Committee, during the first two months 2013 production
    of oil and condensate decreased by 3.6% or 300,000 tons (more than
    2.2 million barrels) against the same period last year and totaled
    7.2 million tons.

    As reports Armenpress, referring to Turan, oilmen managed to reduce
    the pace of oil production decline - in January and February 2012
    the production decreased by 5.1% against the same period in 2011.

    According to the Statistical Committee, during this period production
    of tank gas in the country totaled 2.9 billion cub.m., down 5%
    against January and February 2012.

    According to the government's forecast, this year Azerbaijan plans
    to produce 40,820,500 tons of oil and condensate and 28,822,700,000
    cub.m. of gas (including technical gas, which is injected into the
    oil wells to maintain bed pressure.

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