Markets

Azeri oil output down by 0.8pc to 3.334mn tonnes in January

BAKU: Azerbaijan's oil and gas condensate output fell by 0.8 percent year-on-year in January 2019 to 3.334 million t
Published February 18, 2019 Updated February 18, 2019 07:44pm

BAKU: Azerbaijan's oil and gas condensate output fell by 0.8 percent year-on-year in January 2019 to 3.334 million tonnes, the State Statistics Committee said on Monday.

Gas production rose in January to 3.062 billion cubic metres (bcm) from 2.487 bcm a year ago.

Azerbaijan produced 38.758 million tonnes of oil in 2018, almost unchanged from 2017, and 30.592 bcm of gas, up from 28.563 bcm produced in 2017.

Copyright Reuters, 2019