Rovnag Abdullayev: “Azerbaijan forecasts 20% increase in general oil production by the end of this year”

Rovnag Abdullayev: “Azerbaijan forecasts 20% increase in general oil production by the end of this year”
# 30 May 2019 12:13 (UTC +04:00)

One of the main goals of SOCAR is to increase gas production, alongside with keeping oil production stable, said Rovnag Abdullayev, President of SOCAR at the 26th International Caspian Oil & Gas-2019 Exhibition and Conference held in Baku, ONA reports.

According to him, a significant increase in gas production in 2018 gave an opportunity to completely stop gas import from abroad.

“20% of the increase is forecasted in general gas production by the end of this year. Gas production will continue according to ascending trend in the next years”, R.Abdullayev added.

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