Oil and gas figures were announced for January-May - POTO

Oil and gas figures were announced for January-May - POTO

According to the operative data, Azerbaijan produced 14.3 million tons of oil (including condensate) in January-May 2021. The production of oil (including condensate) decreased by 918,7 thousand  tons compared to the same period a year before.


"Azeri-Chirag-Gunashli" accounted for 9.5 million tons of oil produced in the republic while "Shah Deniz" for 1.6 million tons (condensate). SOCAR's oil output amounted to 3.2 million tons (including condensate).
 

During the reporting period, the volume of exported oil, including condensate, amounted to 11.8 million tons. Out of this consortium accounts for 11.1 million tons, SOCAR for 653.8 thousand. The transportation of oil (including the condensate) for exporting is approximately 798 thousand tons, namely 6.3 per cent lower than the relevant period of 2020.
 

During January- May 2021, gas output amounted to 17 bcm. 5.4 bcm of gas production extracted from ACG, while 8.4 bcm from Shah Deniz. SOCAR produced 3.2 bcm gas during this period.  Gas was transported with an increase of 551.5 million cm, namely 3.4 per cent compared to the relevant period of last year.
 

During this period, gas sales amounted to 7.4 bcm, which was 32 % more compared to the same period previous year. In the January-May, 4.2 bcm gas was exported to Turkey, 2.1 bcm gas to Europe, 1.1 bcm to Georgia. During this period, the BTC pipeline system was supplied with 43.2 million cubic meters of gas. It should be noted that, during this period 2.2 bcm gas was exported to Turkey through TANAP.
 

Since its commissioning till 1 June 2021, 565 million tons oil (including condensate) were extracted from "Azeri-Chirag-Gunashli" and "Shah Deniz". 533 million tons of crude oil were extracted from ACG, while 32 million tons condensate from Shah Deniz. Since their commissioning till 1 June 2021, 564.7 million tons oil (including condensate) were exported from these fields.
 

Since their commissioning till 1 June 2021, 182 bcm gas was extracted from "Azeri-Chirag-Gunashli", 143 bcm from "Shah Deniz". During this period, 97 bcm gas were exported from Shah Deniz.
 

Azerbaijan refined 2.7 million tons of oil in January- May 2021.  Oil refinery has been 132.8 thousand tons more in comparison with the relevant period of the previous year.

 

 
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