In Oil & Companies News 19/05/2015
In April Azerbaijan’s gas production decreased by 4.6% against March 2015.
The State Statistics Committee (SSC) informs that over Jan-Apr 2015 Azerbaijan produced 9.76 bn cu m of natural gas that was by 4.1% less against the 2014 same term. In January production totaled 2.493 bn cu m, in February 2.27 bn cu m, in March 2.558 bn cu m, and in April 2.4 bn cu m.
At that, for Jan-Apr production of marketable gas totaled 6.838 bn cu m (+12.4% year-on-year). In January marketable gas production reached 1.759 bn cu m, in February 1.623 bn cu m, in March 1.78 bn cu m, and 1.675 bn cu m.
Last year 29.418 bn cu m of gas was extracted (+0.7%) including the best index in August (9.399 bn cu m). Marketable gas production for 2014 amounted to 18.728 bn cu m (+4.9%). As of 1 January 2015 gas stock reserves of Azerbaijan were estimated at 265.2 million cu m.
In 2013 gas extraction was 17.857 bn cu m of marketable gas (+3.6% versus the 2012 index), including 1.69 bn cu m (month’s best index for 2013) and in the 4th quarter of 2013 – 4.777 bn cu m.
In 2012 the country was produced 17.2 bn cu m of gas, including 2.415 bn cu m in January (the 2012 best index) and 1.49 bn cu m in December. In 2011 the country produced 25.7 bn cu m of gas, including 2.257 bn in October (the best indicator in 2011).
In 2010, the country produced 26.2 bn cu m, including 2.286 bn in July (the best figure in 2010). In 2009, gas production reached 23.58 bn cu m (+0.8%) and delivery 16.3 bn cu m (-0.1%). Private producers extracted 10.1 bn cu m of gas (+9%). In 2008, Azerbaijan produced 22.847 bn cu m of natural gas (+35.6% against the 2007 index), including 9.146 bn cu m (+66.1%) by private producers.
