TODAY.AZ / Business

Foreign investors still interested in some Azerbaijani oil fields

14 September 2005 [09:43] - TODAY.AZ
Some foreign companies are in consultations with the State Oil Company of Azerbaijan (SOCAR) on the prospective development of onshore and offshore fields of the country.
There are some proposals on the development of the Pirallahi and Darvin Banka fields, the SOCAR told Trend.

"The foreign investors are still interested in the fields. Particular, the Russian companies display deep interests in the fields",- the same source said.

In January to August 2005 the SOCAR produced approximately 6 million tons of oil from its fields and exported 1.3 million tons in August the production made up 761,200 tons and export – 308,100 tons.

URL: http://www.today.az/news/business/20711.html

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