Bank Of Baku

Program on stabilization of oil extraction in ACG to be long-term

 Program on stabilization of oil extraction in ACG to be long-term
# 21 May 2013 12:02 (UTC +04:00)

 

To him, the program will consist of two stages and cover the period between 2014-2024 and from 2014 till the end of the agreement.

 

Abdullayev noted that currently, oil extraction capacity in ACG is equal to 95,000 tonnes per a day, which means 33 mln tonnes per a year and it’s a normal figure. 

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THE OPERATION IS BEING PERFORMED