Baku: The “Azeri-Chirag-Gunashli” (ACG) and “Shah Deniz” fields have reached significant production milestones, generating nearly 653.5 million tons of oil, including condensate, and 473.1 billion cubic meters of gas as of March 1, 2025, since their inception, as reported by the Ministry of Energy to APA.

According to Azeri-Press News Agency, during the reporting period, the ACG field extracted 604.2 million tons of oil and 232 billion cubic meters of gas, while the Shah Deniz field produced approximately 49.3 million tons of condensate and 241.1 billion cubic meters of gas. By March 1, a total of 651.5 million tons of oil and 172.8 billion cubic meters of gas had been exported.

In the first two months of this year, the nation produced 4.5 million tons of oil, including condensate. Of this, 2.6 million tons were sourced from ACG, 0.6 million tons from Shah Deniz, and 0.1 million tons from the Absheron field. Meanwhile, SOCAR contributed 1.2 million tons to the oil production.

During the same period, 3.7 million tons of oil, including condensate, were transported for export. The consortiums accounted for 3.2 million tons, SOCAR for 0.4 million tons, and the Absheron field for 0.1 million tons.

Furthermore, in January-February 2025, the country’s natural gas production reached 8.1 billion cubic meters. ACG contributed 2.2 billion cubic meters, Shah Deniz 4.3 billion cubic meters, the Absheron field 0.3 billion cubic meters, and SOCAR 1.3 billion cubic meters.

Gas exports during this period amounted to 3.8 billion cubic meters, with 1.9 billion cubic meters sold to Europe, 1.4 billion cubic meters to Turkey (including 0.9 billion cubic meters via TANAP), and 0.5 billion cubic meters to Georgia.