During the 4 months of 2022, 11.1 million tons of oil were produced

According to the operative data, Azerbaijan produced 11.1 million tons of oil (including condensate) in January-April 2022. The production of oil (including condensate) decreased by 409 thousand tons compared to the same period a year before.

"Azeri-Chirag-Gunashli" accounted for 7 million tons of oil produced in the republic while "Shah Deniz" for 1.5 million tons (condensate). SOCAR's oil output amounted to 2,6 million tons (including condensate).

Over the four months of the current year, the volume of exported oil, including condensate, amounted to 9 million tons. Out of this, consortium accounts for nearly 8.5 million tons, SOCAR for 448 thousand tons. The transportation of oil (including the condensate) for exporting is approximately 501 thousand tons, namely 5.3 per cent lower than the relevant period of 2021.

During the 4 months of this year, gas output amounted to 15.7 bcm. 4.6 bcm of gas production extracted from ACG, while 8.5 bcm from Shah Deniz. SOCAR produced 2.6 bcm gas during this period. Gas was transported with an increase of approximately 2 bcm, namely 14.4 per cent compared to the relevant period last year.

During this period, gas sales amounted to 7.6 bcm, which was 17.4% more compared to the same period previous year. In January-April of this year, 2.9 billion cubic meters of gas was sold to Turkey, 3.5 billion cubic meters to Europe and 1.2 billion cubic meters to Georgia. During this period, the BTC pipeline system was supplied with 36 million cubic meters of gas. It should be noted that, during this period nearly 2 bcm gas was exported to Turkey through TANAP.

Since its commissioning till 1 May 2022, nearly 589 million tons oil (including condensate) were extracted from Azeri-Chirag-Gunashli and Shah Deniz. 553 million tons of crude oil were extracted from ACG, while 36 million tons condensate from Shah Deniz. Since their commissioning till 1 May 2022, 589 million tons oil (including condensate) were exported from these fields.

Since their commissioning till 1 May 2022, nearly 195 billion tons oil (including condensate) were extracted from Azeri-Chirag-Gunashli and 166 bcm from Shah Deniz. During this period, more than 114 bcm gas were exported from Shah Deniz.

Azerbaijan refined 1.8 million tons of oil in January- April 2022. Oil refinery has been 210 thousand tons less in comparison with the relevant period of the previous year.