Natig Aliyev: “Q1 oil production exceeded forecast by 214,000 tonnes”

Natig Aliyev: “Q1 oil production exceeded forecast by 214,000 tonnes”
# 15 April 2014 09:11 (UTC +04:00)

Aliyev noted that on January 29, newly-launched Western Chirag platform within te full exploitation of Azeri-Chirag-Guneshli fields block produced its first oil: “The West Chirag platform has been installed at a water depth of about 170 m and its daily capacity is 25,000 tonnes of crude oil and 8 mcm of gas. This platform will produce 8.2 mln tonnes of oil and 2.8 bcm of gas per year”.

The minister noted that according to outcomes of 2013, ACG fields produced 32,717,000 tonnes of crude oil against 30,623,000 tonnes of forecast. During the first quarter of this year, oil production made 7,908,000 tonnes exceeding forecast of 7,694,000 by 214,000 tonnes.

#
#

THE OPERATION IS BEING PERFORMED