Azeri oil production down, gas output up
BAKU – Azerbaijan’s oil production decreased 7.6 percent, while gas output surged 52.2 percent in the first eight months of 2011 compared to the same period of last year, the state statistics body has said.
In January-August 2010, the resource-rich South Caucasus republic produced 34.3 million tons of oil and 11.3 billion cubic meters of gas.
Extractive industries production has gone down 5.5 pct this year.
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