ACG produced 398 mln tonnes of oil, 121 bcm of gas so far

ACG produced 398 mln tonnes of oil, 121 bcm of gas so far
# 03 June 2016 09:23 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Production at Azerbaijan's block of oil and gas fields Azeri-Chirag-Guneshli (ACG) has made 398 mln tonnes of oil and 121 bcm of gas since it was launched, the First Vice President of SOCAR said at the international Caspian Oil & Gas Conference held in Baku.

According to him, the block produces 90,000 tonnes of oil and 36 mcm of gas per day.

“The block also produces 220 mln tonnes of profit oil. As of June 1, 2016, oil production made 13.5 mln tonnes, of which 7.5 mln tonnes or 56% was profit oil”, he said.

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