Azeri-Chirag-Gunashli produces 30 mln tons of oil in 2012

Azeri-Chirag-Gunashli produces 30 mln tons of oil in 2012
# 26 November 2012 13:02 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. In January-October 2012, Azeri-Chirag-Gunashli fields’ block in the Azerbaijani sector of the Caspian Sea produced 29.6 million tons of oil. 20 mln tons of it fell to share of profit oil of Azerbaijan, First Vice-President of SOCAR Khoshbakht Yusifzadeh said, APA reports.

He noted that in general, since the start of the ACG development by SOCAR about 287 million tons of oil was extracted. Total reserves of ACG are estimated at 1 bn tons of oil and 350 bcm of gas.

SOCAR official said that at present, daily capacity of 77 wells in ACG makes - 100,000 tons of oil and 35 mln cubic meters of gas.

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