Oil and gas figures for 10 months of this year were announced

According to operational data for January-October 2023, Azerbaijan produced 40.1 bcm of natural gas. 10.7 bcm of gas production extracted from ACG, while 21.8 bcm from Shah Deniz and 0.5 bcm from Absheron. SOCAR produced 7.1 bcm gas during this period. Gas was transported with an increase of 1.6 bcm, namely 4.2 per cent compared to the relevant period of last year.

During this period, gas sales amounted to 19.8 bcm, which was 8.2 % more compared to the same period previous year. In January - October 2023, 9.8 billion cubic meter of gas was sold to Europe, 8.1 bcm to Türkiye, and 1.9 bcm to Georgia. During this period 4.7 bcm gas was exported to Türkiye through TANAP.

Since the commissioning of the Azeri-Chirag-Gunashli and Shah Deniz till 1 November 2023, about 214.1 bcm of gas was produced from Azeri-Chirag-Gunashli and more than 204.6 bcm of gas from Shah Deniz. During this period, 144.8 bcm gas was exported from Shah Deniz.

Azerbaijan produced 25.3 million tons of oil (including condensate) in January - October 2023. Azeri-Chirag-Gunashli accounted for 15 million tons of oil produced in the republic while Shah Deniz for 3.6 million tons (condensate) and Absheron for 0.2 million tons. SOCAR's oil output amounted to 6.5 million tons (including condensate).

The volume of exported oil, including condensate, amounted to 21 million tons. Out of this, consortium accounts for nearly 18.5 million tons, SOCAR for 2.5 million tons.

Since its commissioning till 1 November 2023, more than 625.7 million tons oil (including condensate) were extracted from Azeri-Chirag-Gunashli and Shah Deniz. 581.9 million tons of crude oil were extracted from ACG, while about 43.8 million tons condensate from Shah Deniz. Till 1 November 2023, more than 623.7 million tons were exported.

During January - October 2023, oil refining in the country amounted to 5.5 million tons.