Oil, gas output records first drop in over a decade
Oil and gas production has decreased in Azerbaijan
for the first time in the past 12 years.
In January, oil output fell by 8 per cent to 3.6 million tons, while gas production decreased 4.7 per cent to 1.9 billion cubic meters compared to January 2008, the State Statistics Committee said.
61m tons of oil and 31bn cu. m. of gas will be extracted in the South Caucasus republic in 2009, according to projections.
In January, oil output fell by 8 per cent to 3.6 million tons, while gas production decreased 4.7 per cent to 1.9 billion cubic meters compared to January 2008, the State Statistics Committee said.
61m tons of oil and 31bn cu. m. of gas will be extracted in the South Caucasus republic in 2009, according to projections.
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