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Azerbaijan’s oil-condensate output nears 7 million tons in first quarter of 2025 PHOTO

14 April 2025 13:17

Azerbaijani Energy Minister Parviz Shahbazov has stated that oil production with condensate in the country approached 7 million tons in the first quarter of 2025.

“According to operational data for the first quarter of this year, oil-condensate production amounted to 6.9 million tons, while export volumes reached 5.7 million tons. During last month, 12.6 billion cubic meters of gas were produced, with 6 billion cubic meters exported,” the minister wrote on X, per Caliber.Az.

Notably, Azerbaijan produced approximately 29.1 million tons of oil and condensate in 2024.​    

The State Oil Company of Azerbaijan (SOCAR) produced 7.5 million tons of oil from fields it operates either independently or as a major shareholder.​

In 2024, Azerbaijan produced about 45.8 billion cubic meters (bcm) of natural gas.​

SOCAR produced 7.7 bcm of natural gas from its operated fields.​

Gas exports included 12.9 bcm to Europe, 9.9 bcm to Türkiye, and over 2.4 bcm to Georgia.​

The Southern Gas Corridor, including the Trans-Anatolian Pipeline (TANAP), is pivotal for transporting gas to European markets.

By Khagan Isayev

Caliber.Az
Views: 330

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