Azerbaijan details oil, condensate output, exports from ACG and Shah Deniz fields

In January 2025, 1.7 million tons of oil (including condensate) were produced at the Azeri-Chirag-Gunashli (ACG) fields block and Shah Deniz field, located in the Azerbaijani sector of the Caspian Sea, Report informs, citing Azerbaijan’s Energy Ministry.

Data shows that this is 0.1 million tons or 5.5 percent less than in January 2024.

Last month, 1.4 million tons of oil were extracted from ACG, which is 0.1 million tons or 5.6% less year-on-year.

Also, 0.3 million tons of condensate were extracted from the Shah Deniz field In January 2025, marking a decrease of 0.2 million tons or 40% ​​compared to the previous year.

Since the commissioning of Azeri-Chirag-Gunashli and Shah Deniz till February 1, 2025, 651.9 million tons of oil (including condensate) have been produced from the fields.

Of that, 602.9 million tons of oil have been produced from Azeri-Chirag-Gunashli and 49 tons of condensate from Shah Deniz. During this period, 650 million tons of oil (including condensate) were exported.