Bank Of Baku

SOCAR to increase gas production on Oil Rocks by 9%

SOCAR to increase gas production on Oil Rocks by 9%
# 03 November 2009 16:36 (UTC +04:00)
Baku. Rashad Suleymanov - APA-ECONOMICS. SOCAR will increase daily gas production from Oil Rocks by 8.7% by this yearend, said Matlab Bagirov, officer of the company.

According to him, it is planned to bring daily gas output to 1 million cubic meters from 930 million tons.

He added that oil production has reached 2 480 tonnes against the planned 2 420 tons.

The Oil Rocks, 50km off the coast of Azerbaijan, is a small offshore city that has been constructed from interconnected oil platforms and residential areas, all sitting atop rocks, piles of sand and landfill in 1947 as an exercise of Soviet and Azeri ambition.


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