Bank Of Baku

Oil & gas reserves of Azerbaijan estimated at 10 bn tonnes

Oil & gas reserves of Azerbaijan estimated at 10 bn tonnes
# 12 June 2012 10:32 (UTC +04:00)
To him, forecast resources of Azerbaijan make 3.45 trillion cbm of gas and 2 bn tonnes of oil. Total gas and oil reserves of the country are estimated at 10 bn tonnes as a unit of conditional fuel.

Yusifzadeh noted that in 1996-2011, 34 wells have been drilled, 159 thousand meters of drilling work carried out in Azerbaijan together with foreign companies.
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