Azerbaijan pumps more gas, less oil in January

14:45 | 17.02.2014
Azerbaijan pumps more gas, less oil in January

Azerbaijan pumps more gas, less oil in January

Azerbaijan produced 3.6 million tons of oil in January, down from 3.8 million tons a year earlier, according to the State Statistics Committee.

The country pumped 1.6 billion cubic meters of natural gas during the period, up from 1.5 billion cubic meters a year earlier, the committee said on its website.

Nearly 80 percent of the total crude output was provided by the offshore Azeri-Chirag-Guneshli (ACG) block offields being developed by a BP-led consortium.

ACG last year cut production to 32.2 million tons from 32.9 million tons.

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