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Azeri Q1 oil production up 1.9 pct y/y, gas down - source

Mon, 13th Apr 2015 16:12

BAKU, April 13 (Reuters) - Crude oil and condensateproduction in Azerbaijan rose to 10.6 million tonnes in thefirst quarter of 2015 from 10.4 million tonnes in the sameperiod last year, a source at the State Statistics Committeesaid on Monday.

The source, who declined to be named because he is notauthorised to talk to the press, said rising oil output at themain Azeri, Chirag and Guneshli (ACG) oilfields operated byBritish major BP had been the reason for the overallincrease.

The source added that natural gas production for consumersdeclined to 7.3 billion cubic metres (bcm) in the first threemonths of this year, down from 7.57 bcm a year ago due to adecline in gas production by Azeri state energy company SOCAR. (Reporting by Nailia Bagirova; Writing by Margarita Antidze;Editing by Vladimir Soldatkin)

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