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Azeri Oil, Gas Exports Down

Azerbaijan said its oil and natural gas exports fell in the first seven months of the year.

The Caspian Sea nation shipped 19 million tons of crude, a decline of 8 percent from a year earlier, the State Statistics Committee said in an e-mail.

Gas exports dropped 17 percent to 3.27 billion cubic meters.

Azerbaijan pumped 25.9 million tons of oil in the period, a decline of 6.3 percent from a year earlier, the statistics committee said Tuesday. Production of marketable gas, which the country exports to Georgia, Turkey, Russia and Iran, grew 7.7 percent to 10.3 billion cubic meters.

(Bloomberg)

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