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Oil output at Azeri ACG fields falls, gas at Shah Deniz rises in 2019-Energy Ministry

Thu, 23rd Jan 2020 16:14

BAKU, Jan 23 (Reuters) - Oil output at Azerbaijan's main oil
fields, Azeri-Chirag-Guneshli (ACG), fell to 26.237 million
tonnes in 2019 from 28.735 million tonnes a year earlier, the
Energy Ministry said on Thursday.

The ministry said in a report that gas output at Shah Deniz
rose last year to 16.8 billion cubic metres (bcm) from 11.45 bcm
in 2018.

Both ACG and Shah Deniz are operated by international
consortiums led by Britain's BP.

The ministry forecasts that oil output at the ACG will be in
2020 the same as last year, while gas production this year is
expected to rise to 18.7 bcm.

Total oil production in Azerbaijan was 37.453 million
tonnes, gas output - 35.616 bcm in 2019.
(Reporting by Nailia Bagirova; writing by Margarita Antidze;
editing by Elaine Hardcastle)

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