Azerbaijan oil output down 1.4 pct y/y in H1

Declining oil output at the main Azeri, Chirag and Guneshli (ACG) oilfields operated by Britain's BP led the overall decline, said the source, who declined to be named because he was not authorised to talk to the media.

The source added that natural gas production fell to 14.6 billion cubic metres (bcm) in January-June from 15.1 bcm a year earlier due to a decline in production by state energy company SOCAR.

 

(Reuters)