Baku 16° C
Volume of Azerbaijan's proven oil and gas reserves announced
Energy
- 12 July, 2021
- 08:51
By the end of 2020, Azerbaijan's proven oil reserves amounted to 7 billion barrels or 1 billion tons.
According to BP's Statistical Review of World Energy, this volume is the same as at the end of 2019.
Thus, at the end of 2000, the country's oil reserves made up 1.2 billion barrels.
By the end of 2020, Azerbaijan's proven gas reserves were 2.5 trillion cubic meters.
BP's Statistical Review shows that it is the same as the previous year. At the end of 2000, this figure was 1 trillion cubic meters.
Author
Latest News
21:27
Ambassador: Somalia and Azerbaijan to introduce full visa-free regime
Foreign policy17:57
MFA: Estonia values friendly relations with Azerbaijan
Foreign policy17:53
Greece doubles crude oil imports from Azerbaijan
Energy17:49
Towing operation of Neptun drilling rig begins with ASCO vessels
Infrastructure17:45
All flights suspended at Dhaka airport due to fire in cargo terminal
Other countries17:42
Azerbaijan's solar energy generation up 12%
Energy17:37
Lithuanian Foreign Ministry congratulates Azerbaijani people
Foreign policy17:31
Azerbaijan boosts crude oil exports to France by over 84%
Energy17:25