Thursday, 11 July 2024 15:02

In the first half, Azerbaijan produced 14.4 million tons oil

According to operational data for January-June 2024, Azerbaijan produced 14.4 million tons oil (including condensate).

Azeri-Chirag-Gunashli accounted for 8.2 million tons of oil produced in the republic while Shah Deniz for 2.1 million tons (condensate) and Absheron for 0.3 million tons. SOCAR's oil output amounted to 3.8 million tons (including condensate).

During the reporting period, the volume of exported oil, including condensate, amounted to nearly 11.9 million tons. Out of this, consortium accounts for nearly 10.3 million tons, SOCAR for 1.6 million tons.

In January-June of the current year, oil refining in the country amounted to 3.2 million tons.

In June 2024, daily oil production (including condensate) in Azerbaijan amounted to 80585 tons, including 65597 tons crude oil and 14988 tons condensate.

For 6 months, 25.1 billion cubic meters of natural gas was produced in the country. 6.5 bcm of gas production extracted from ACG, while 14 bcm from Shah Deniz. Absheron and SOCAR produced 0.8 bcm and 3.8 bcm of gas respectively. Gas was transported with an increase of namely 1 bcm, 4.3 percent compared to the relevant period of last year.

Since its commissioning till 1 July 2024, more than 639.6 million tons oil (including condensate) and 445.9 bcm of gas were extracted from Azeri-Chirag-Gunashli and Shah Deniz. 593 million tons oil and 222.9 bcm of gas were extracted from Azeri-Chirag-Gunashli.  About 223 bcm of gas and nearly 46.6 million tons of condansate were extracted from Shah Deniz. Up to now, approximately 637.6 million tons oil (including condensate), about 158.8 bcm of gas were exported.

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