Azerbaijan’s Oil, Gas Exports Fall in First Seven Months of Year
Azerbaijan, the third-largest oil producer in the former Soviet Union, said oil and natural-gas exports fell in the first seven months of the year.
The Caspian Sea nation shipped 19 million metric tons of crude, a decline of 8 percent from a year earlier, the State Statistics Committee said in an e-mailed statement. Gas exports dropped 17 percent to 3.27 billion cubic meters.
Azerbaijan pumped 25.9 million tons of oil in the period, a decline of 6.3 percent from a year earlier, the statistics committee said yesterday. Production of marketable gas, which the country exports to Georgia, Turkey, Russia and Iran, grew by 7.7 percent to 10.3 billion cubic meters.
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