Azerbaijan’s oil output shrinks by 2.5 percent

Crude oil amounted to 21.975.200 tonnes. Oil production declined by 2.5 percent compared to the same period a year earlier.

About 22,023,500 tonnes of crude oil was produced in Azerbaijan in January-July 2019, Trendreports referring to the State Statistics Committee.

During the reporting period, 20,316,800,000 million cubic meters of gas were produced domestically, of which 14,032,300,000 cubic meters consisted of freight gas.

Overall, during the seven months of this year, gas production increased by 19.9 percent compared to the corresponding period last year, while commodity gas production increased by 34 percent./Investing.com

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