Azerbaijan sees lower oil, gas output this year

11:15 | 22.09.2014
Azerbaijan sees lower oil, gas output this year

Azerbaijan sees lower oil, gas output this year

Azerbaijan expects to produce 41.2 million tons of crude oil this year, down from 43.48 million tons in 2013, SOCAR President Rovnaq Abdullayev said.

Gas production will fall to 28.8 billion cubic meters from 29.46 billion cubic meters, Abdullayev said in an interview with the website of the ruling New Azerbaijan Party (YAP).

In the first eight months of the year, Azerbaijan pumped 28.6 million tons of oil and 20.4 billion cubic meters of gas. 

That included 5.6 million tons of oil and 5 billion cubic meters of gas produced by SOCAR, Abdullayev said. 

Bakudaily.Az

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