Thursday, September 06, 2007
Azerbaijan's oil production down 1.3%, y-o-y, in January-July
BAKU, August 17 (RIA Novosti) - Azerbaijan's State Oil Company said Friday it produced 5.136 million tons (37.75 million bbl) of oil in January-July of this year, or 1.3% less than in the same period last year. The company said in a statement that the country's oil refineries processed in the same period over 4.463 million tons (32.8 million bbl) of crude, or 2.9% less than in the same period last year. The statement said that natural gas production over the January-July period increased by 45.4% over last year, totaling 5.647 billion cubic meters.