26 Oct 2018 14:37

Azerbaijan to produce about 39 mln tonnes of oil a year in 2020-2022 - govt forecasts

BAKU. Oct 26 (Interfax) - Azerbaijan expects to produce a total of 116.994 million tonnes of oil in the 2020-2022 period, according to government forecasts obtained by Interfax.

Azerbaijan's oil production is forecast at 38.937 million tonnes in 2020, 39.096 million tonnes in 2021 and 38.961 million tonnes in 2022.

Gas production in the three-year period will total 128.260 billion cubic meters, including 39.870 bcm in 2020, 43.437 bcm in 2021 and 44.954 bcm in 2022, according to the forecasts.

Saleable gas production will amount to 29.827 bcm in 2020, 36.185 bcm in 2021 and 38.533 bcm in 2022.