Bank Of Baku

Rovnag Abdullayev: Azerbaijan’s forecasted hydrocarbon reserves make 10 bln tons

Rovnag Abdullayev: Azerbaijan’s forecasted hydrocarbon reserves make 10 bln tons
# 10 April 2012 08:53 (UTC +04:00)
According to him, Azerbaijan’s current hydrocarbon reserves make 4.5 bln tons.

At present, the works on exploitation of 40 oil-gas wells are conducted in Azerbaijan. 50 companies from 20 countries were involved to this process. Current daily oil extraction in Azerbaijan is 140,000 tons.
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