In quarter 1, 2016 tank oil production dropped by almost 39,000 tons

In quarter 1, 2016 oil production in Azerbaijan totaled 10,506,200 tons of tank oil, down 1.5% against the same period last year.

According to the Azerbaijan State Statistical Committee from January to March 2016 tank oil production dropped by 38,900 tons (288,000 barrels).

In 2015 oil production, including gas condensate, in Azerbaijan totaled 41,689,000 tons.

In 2016 the Azerbaijani government forecasts oil production at 40,744,900 tons.—0--

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