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Azerbaijan posts 8.5% rise in oil production

22 October 2009 12:50 (UTC +04:00)

Baku -APA-Economics. Crude oil production rose by 8.5 percent in January-September, year-on-year, to 37.82 million tonnes in Azerbaijan, due to rising output from a BP-led group AIOC, the State Statistical Committee said.
The AIOC boosted its output from the Chirag, Azeri and Guneshli oilfields to 31.5 million tonnes, 10.7 percent up from the level seen in the first nine months of 2008.
The rest was produced by the Azeri state oil firm SOCAR and some of its enterprises.
Azerbaijan ships its oil via four main routes -- Russia’s largest Black Sea port, Novorossiisk, neighbouring Georgia’s Supsa and Batumi ports, and Turkey’s Ceyhan.
It exported 32.0 million tonnes in January-September 2009, the State Customs Committee said. It did not provide comparison with the same period last year.
Azerbaijan expected to raise its oil production this year to over 50.0 million tonnes from 44.5 million tonnes in 2008.