Bank Of Baku

Azerbaijan’s oil production to be reached 60 mln tons in next 5 years

Azerbaijan’s oil production to be reached 60 mln tons in next 5 years
# 23 September 2010 14:29 (UTC +04:00)
According to him Azerbaijan has signed 31 oil-gas contracts with the foreign companies: “According to forecast the invested capital in exploration, operation and transportation of hydrocarbon resources is forecasted will be $ 60 bln.”

He also noted that operation of Azeri-Chiraq-Guneshli and launching of new oil-gas condensate fields in Azerbaijan sector of Caspian Sea indicates that the oil production will be increased and reached 60 mln tons in 2015. “Presently, more 60 exploitation wells were drilled in Chirag, Central Azeri, Western Azeri, Eastern Azeri and Deepwater Guneshli fields and these wells produces 120 000 tons of oil and 35 mln cm gas per day.”
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED