Bank Of Baku

Azerbaijan’s profit oil to reach 60% this year

Azerbaijan’s profit oil to reach 60% this year
# 22 August 2016 09:02 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. Totally, 404,100,000 tonnes of oil have been produced from ACG block of fields so far, SOCAR Vice-President Khoshbakht Yusifzade said.  

 

According to him, of this, 224 million tonnes fall to share of Azerbaijan: “Profit oil increases year after year. This year, the profit oil to fall to Azerbaijan’s share will reach 60%”.

 

SOCAR Vice president said Baku-Tbilisi-Ceyhan has transported 300 million tonnes of oil so far. 

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