Bank Of Baku

AIOC sees 3% rise in oil production, 4$ decline in gas production

AIOC sees 3% rise in oil production, 4$ decline in gas production
# 15 July 2010 11:04 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The volume of the production in Azerbaijan’s mining sector made AZN 11 bln during the 6 months, up 2.1% compared with a year earlier.

State Statistical Committee says the enterprises of Azerbaijan International Operating Company produced 21.1 mln tonnes oil and 5.3 bln cubic meters natural gas during January-June. The oil production rose by 2.8%, gas production declined by 4% in comparison with a year ago.
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