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Azerbaijan’s oil and gas output on downward trend

18 November 2011 11:55 (UTC+04:00)
Azerbaijan’s oil and gas output on downward trend

Azerbaijan’s oil and gas production decreased in the first ten months of 2011 compared to the same period of 2010, according to official estimates.

39 million tons of oil and 21.6 billion cubic meters of gas were produced in the country, 9.1 percent and 2.7 percent down respectively from January-October 2010, the State Statistics Committee said.

51 million tons of oil and 27 billion cubic meters of gas were extracted in 2010.

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