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Caspian Oil & Gas Conference - Oil production in Azerbaijan collapsed: fall in volumes exceeds one million tons

Oil production in Azerbaijan collapsed: fall in volumes exceeds one million tons
13.04.2017

According to the results of January-March 2017, Azerbaijan produced 9 million 447 thousand tons of oil. Turan was informed about this by a source in the government.

It should be noted that according to the State Statistics Committee of Azerbaijan, in the first quarter of 2016, the country produced 10 million 520 thousand tons of oil and condensate.

Thus, for the first quarter of this year, the rate of decline in the production of these raw materials in Azerbaijan amounted to 10.2%.


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