Bank Of Baku

Azerbaijan posts a 6% rise in extractive industry

Azerbaijan posts a 6% rise in extractive industry
# 30 September 2009 12:00 (UTC +04:00)
Baku. Nijat Mustafayev – APA-ECONOMICS. Azerbaijan’s extractive industry output increased by 6.3% year-on-year during January-August, said the State Statistical Committee.


According to the official data, Azerbaijan International Operating Company (AIOC), a BP-led consortium, produced 27.8 million tons of oil and 6 866 million cubic meters of gas for sale.

The figures represent an increase of 8% and 23% respectively from a year ago.

Every four industrial worker is employed at extractive industry in the country.

Average monthly salary reached AZN 1 020.2 in extractive industry.
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