Bank Of Baku

Profit of oil extraction to be increase by 7% in Azerbaijan

Profit of oil extraction to be increase by 7% in Azerbaijan
# 07 June 2010 07:38 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The oil production is forecasted to be increased by 7.1 times in Azeri-Chirag-Guneshli fields block, including of Azerbaijan’s profit of the oil extraction by 30.5 times compared with 2001, SOCAR told APA.

The volume of il production is forecasted to be 42 mln tonnes and profit of the oil extraction 29 mln tonnes, in 2010, while these indexes were 5.9 mln tonnes and 0.95 mln in 2001.
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