Azerbaijan boosts condensate output in 1H24

Azerbaijan produced more than 2.726 million tons of gas condensate in the initial six months of 2024, marking a 7.4% increase year-on-year, Report informs, citing the country's State Statistical Committee.

According to the obtained data, condensate accounted for 18.9% of the country's total oil production during the reporting period.

Meanwhile, the share of oil was 81.1% - just under 11.724 million tons, which is 7.4% less year-on-year.

As earlier reported, 14.450 million tons of oil (including condensate) were produced in Azerbaijan in the first half of 2024, representing a decrease of 4.9% from the corresponding period of 2023.