Oil production jumps 42% in Azerbaijan

Oil production jumps 42% in Azerbaijan
# 10 September 2007 16:29 (UTC +04:00)
Azerbaijan produced a total of 28.558 million tons of oil during January-August, up 41.6% or 8.386 million tons from the same period last year.
The State Oil Company of Azerbaijan told APA-Economics that Azerbaijan International Operating Company produced 22.674 million tons of oil from Azeri-Chirag-Guneshli (ACG) during this period, 59.8% or 8.486 million tons higher than the same period last year. Of the output 4.515 million tons of oil came from Chirag during this period, down 7.7% from a year earlier. Chirag produced 513,959 tonnes of oil in August alone.
18.159 million tons came from Azeri, up 95.4% or 8.865 million tons from a year earlier.
SOCAR produced 5.884 million tons of oil over the period of January-August, down 1.7% from the same period last year. SOCAR extracted 749,080 tons of oil in August.
Azerbaijan produced a total of 32.252 million tons of oil in 2006, of which 23.259 million tons by AIOC and 8.967 million tons by SOCAR.
/APA-Economics/

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