ECONOMY
Azerbaijan’s total oil exports exceeded 14 million tons in January-July 2024
Baku, August 9, AZERTAC
According to operational data for January-July 2024, Azerbaijan produced 16.9 million tons oil (including condensate), the Ministry of Energy told AZERTAC.
Azeri-Chirag-Gunashli accounted for 9.7 million tons of oil produced in the republic while Shah Deniz for 2.5 million tons (condensate) and Absheron for 0.34 million tons. SOCAR's oil output amounted to 4,4 million tons (including condensate).
During the reporting period, the volume of exported oil, including condensate, amounted to nearly 14,1 million tons. Out of this, consortium accounts for 12.2 million tons, SOCAR for 1.9 million tons.
In January-July of the current year, oil refining in the country amounted to 3.7 million tons.
In July 2024, daily oil production (including condensate) in Azerbaijan amounted to 80589 tons, including 65681 tons crude oil and 14908 tons condensate.
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