Bank Of Baku

Oil extraction in Azerbaijan to be remained unchanged next year

Oil extraction in Azerbaijan to be remained unchanged next year
# 11 November 2011 10:49 (UTC +04:00)
Baku. Ali Ahmedov – APA-Economics. Azerbaijan’s oil extraction for next year is forecasted to be 45-46 mln tons, said the SOCAR’s first Vice-President Khoshbakht Yusifzadeh.,

According to him, this was related with more qualitative exploitation of extraction.

Vice-president says that, even, if the prices in the world market increase, the extraction will not be increased.
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