Bloomberg News

Azerbaijan Exported Less Crude Oil, Natural-Gas Last Year

February 18, 2013

Azerbaijan, the third-largest oil producer in the former Soviet Union, exported less crude in 2012 as output declined for a second year.

The Caspian Sea nation shipped 36.8 million metric tons of oil, down 5.8 percent, the State Statistics Committee said today by e-mail. Exports of natural gas fell 2.9 percent to 6.6 billion cubic meters, the Baku-based committee said.

Azerbaijan, the biggest oil producer in the former Soviet Union after Russia and Kazakhstan, pumped 43 million tons of crude in 2012, a decline of 5.3 percent, the committee said Jan. 17. Output of marketable gas, which it exports to Turkey, Russia and Georgia, expanded 5.4 percent to 17.2 billion cubic meters.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net


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