OPEC: Azerbaijan's proven gas reserves reach 1.720 trillion cubic meters

According to the Organization of the Petroleum Exporting Countries (OPEC), Azerbaijan's proven gas reserves reached 1.720 trillion cubic meters in 2019, which is 19.7% more than in 2018, Report says, citing the Annual Statistical Bulletin of OPEC.

OPEC estimated Azerbaijan's proven gas reserves at 1.284 trillion standard cubic meters in 2015, 1.277 trillion standard cubic meters in 2016, and 1.270 trillion standard cubic meters in 2017.

According to OPEC, Azerbaijan produced 18 billion cubic meters of commercial gas in 2015, 17.5 billion cubic meters in 2016, 16.9 billion cubic meters in 2017, and 17.8 billion cubic meters in 2018 20.811 billion cubic meters in 2019.