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    Azer News: Azerbaijan produces over $1b tons of oil, gas

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Azerbaijan has produced about 1.53 billion tons of oil and gas condensate

by: Sruthi

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Press Notes

Azer News: Azerbaijan produces over $1b tons of oil, gas

To date, Azerbaijan has produced about 1.53 billion tons of oil and gas condensate, SOCAR Vice President for Economic Affairs Suleyman Gasimov said. He made the remarks at the 21st Caspian International Oil & Gas Exhibition in Baku on June 4.

Gasimov also noted to date, Azerbaijan has produced 559.5 billion cubic meters of gas. Touching on the increase in the gas production volume in Azerbaijan, the SOCAR official mentioned the important role of the Shah Deniz field in this regard.

"Up to date, around 45.4 billion cubic meters of gas and approximately, 94.5 million tons of gas condensates have been produced at the field," Gasimov noted.
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