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ENERGY: Azerbaijan Cuts Oil, Raises Gas Production in Jan-Sep

ENERGY
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Azerbaijan cut production in Jan-Sep by 4.1% on the year, but boosted gas production by 3.4% on the year, according to Interfax.

  • Oil and gas condensate production in Jan-Sep totalled 21.67m mt.
  • Meanwhile, commercial oil and condensates fell 4% on the year to 21.62m mt.
  • Gas production rose 3.4% to 37.12 bcm, and commercial gas production was up 5.2% to 28.25 bcm.
  • The Azeri Energy Ministry estimates that oil production will be around 30m mt and gas will be 48 bcm.
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Azerbaijan cut production in Jan-Sep by 4.1% on the year, but boosted gas production by 3.4% on the year, according to Interfax.

  • Oil and gas condensate production in Jan-Sep totalled 21.67m mt.
  • Meanwhile, commercial oil and condensates fell 4% on the year to 21.62m mt.
  • Gas production rose 3.4% to 37.12 bcm, and commercial gas production was up 5.2% to 28.25 bcm.
  • The Azeri Energy Ministry estimates that oil production will be around 30m mt and gas will be 48 bcm.