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Azerbaijan exports about 13,3 mln tons of oil

13 September 2017 11:39 (UTC+04:00)
Azerbaijan exports about 13,3 mln tons of oil

Azerbaijan exported 13.270.401 million tons of crude oil in January-August of this year, according to the State Customs Committee, Azertac reported.

Official figures suggest that the total value of the exported oil made $5.86 billion.

Energy-rich Azerbaijan produces three grades of crude oil - Azeri BTC, Azeri Light, and Urals.

Daily oil production in Azerbaijan amounted to 734,800 barrels in August, 704,000 barrels of which were crude oil and 30,800 barrels-condensate. Prior to the landmark deal, the volume of production in the country was at the level of 37.72 million tons of oil, while daily output stood at 829,100 barrels.

The participation of Azerbaijan in joint oil production cuts is defined at 35,000 barrels per day.

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