Bank Of Baku

Industry and Energy Minister: ‘Azerbaijan can increase drilling fleet in oil-gas sector’

Industry and Energy Minister: ‘Azerbaijan can increase drilling fleet in oil-gas sector’
# 15 October 2012 08:56 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan intends to increase the existing drilling fleet in oil-gas sector, Minister of Industry and Energy Natig Aliyev said, APA reports.

‘But this, in turn, can also create some problems, because failure of drilling wells will cost expensive to us’, he noted.

To him, works connected with drilling rigs must be installed in a right and balanced way. The minister reminded that at one time a failure was recorded in drilling rigs, thereafter relevant construction works were conducted and consequently, drilling rigs were sent to the East part of the Caspian for the maintenance.
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