OREANDA-NEWS.  February 17, 2012. Compared to December 2011, oil production in Azerbaijan soared by 23.6% in January 2012.

This year crude oil production by all producers in Azerbaijan totaled 29.185 million barrels against 338.467 million barrels in 2011, 379.224 million barrels in 2010, 375.807 million barrels in 2009 and 332.07 million barrels in 2008.

The State Statistics Committee reports that as of 1 February 2012 the country was produced 3.9 million tons that is by 4.5% less than production for January 2011.

In 2011 the country was produced 45.37 million tons of oil that is by 11.5% less than production for 2010. In December 2011 the country was produced 3.165 million tons, and the highest production level was recorded last year in March – 4.104 million tons.

In 2010 oil production amounted to 50.8 million tons of oil, including in August – 4.5 million tons (the best index for 2010).