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In 6 months this year, 13.7 million tons of oil and 25.2 billion cubic meters of natural gas were produced

In 6 months this year, 13.7 million tons of oil and 25.2 billion cubic meters of natural gas were produced

In 6 months this year, 13.7 million tons of oil and 25.2 billion cubic meters of natural gas were produced In 6 months this year, 13.7 million tons of oil and 25.2 billion cubic meters of natural gas were produced

According to operational data for January-June 2024, Azerbaijan produced 13.7 million tons oil (including condensate). Azeri-Chirag-Gunashli accounted for 8 million tons of oil production, Shah Deniz for 1.9 million tons (condensate), and Absheron for 0.3 million tons (condensate). SOCAR's oil output amounted to 3.5 million tons (including condensate).

During the reporting period, the volume of exported oil, including condensate, amounted to 11.6 million tons. Among these, consortium accounts for 9.9 million tons, SOCAR for 1.4 million tons, Absheron for 0.3 million tons.

It should be noted that during the first half of 2025, the daily production of oil (including condensate) was 61.9 thousand tons (457thousand barrels). Among these, 13.7 thousand tons (113 thousand barrel) were condensate. In total, average daily oil production was 75.6 thousand tons (570 thousand barrels).

Oil refining in the reporting period amounted to about 2.9 million tons.

In January - June 2025, Azerbaijan produced 25.2 billion cubic meters of natural gas. 6.6 bcm of gas production extracted from ACG, while 13.8 bcm from Shah Deniz. Absheron and SOCAR produced 0.8 bcm and 4 bcm gas, respectively.

During the reporting period, gas sales amounted to 12.1 bcm. 6.1 bcm of gas were sold to Europe, 4.9 bcm to Türkiye (2.9 bcm through TANAP), and 1.1 bcm to Georgia.

Since its commissioning till 1 July 2025, 660.1 million tons oil (including condensate) and 487.1 bcm of gas were extracted from Azeri-Chirag-Gunashli and Shah Deniz. 609.5 million tons of oil, 236.5 bcm of gas were extracted from Azeri-Chirag-Gunashli, and about 50.6 million tons of condensate and 250.6 bcm of gas from Shah Deniz. From this to 1 June 2025, about 658.1 million tons of oil and 180.2 billion cubic meters of gas were exported.

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