Oil and gas figures were announced for the first quarter

According to the operative data, Azerbaijan produced 8.8 million tons of oil (including condensate) in the first quarter of 2021. The production of oil (including condensate) decreased by 552 thousand  tons compared to the same period a year before.

"Azeri-Chirag-Gunashli" accounted for 5.9 million tons of oil produced in the republic while "Shah Deniz" for 959 million tons (condensate). SOCAR's oil output amounted to 1.9 million tons (including condensate).

During the reporting period, the volume of exported oil, including condensate, amounted to 7.3 million tons. Out of this consortium accounts for 6.9 million tons, SOCAR for 370 thousand. The transportation of oil (including the condensate) for exporting is approximately 320 thousand tons, namely 4 per cent lower than the relevant period of 2020.  

During January -March 2021, gas output amounted to 10.4 bcm. 3.4 bcm of gas production extracted from ACG, while 5.1 bcm from Shah Deniz. SOCAR produced 1.9 bcm gas during this period. Gas was transported with an increase of 407 million cm, namely 4 per cent compared to the relevant period of last year. 

During this period, gas sales amounted to 5 bcm, which was 39.5 % more compared to the same period previous year. During the three months of current year, compared to the same period in 2020, 3 bcm (15.8 % more) gas was exported to Turkey, 1.1 bcm gas to Europe, 784 million cm to Georgia.  During this period, the BTC pipeline system was supplied with 27 million cubic meters of gas. It should be noted that, during this period 1.4 bcm gas was exported to Turkey through TANAP.

Since its commissioning till 1 April 2021, 561 million tons oil (including condensate) were extracted from "Azeri-Chirag-Gunashli" and "Shah Deniz". 530 million tons of crude oil were extracted from ACG, while 31 million tons condensate from Shah Deniz. Since their commissioning till 1 April 2021, 560.5 million tons oil (including condensate) were exported from these fields. Since their commissioning till 1 April 2021, 180 bcm gas was extracted from "Azeri-Chirag-Gunashli", 140 bcm from "Shah Deniz". During this period, 95 bcm gas were exported from Shah Deniz.

Azerbaijan refined 1.4 million tons of oil in January- March 2021.  Oil refinery has been 93 thousand tons less in comparison with the relevant period of the previous year.