TODAY.AZ / Business

Oil production to reach its record level

20 February 2006 [15:52] - TODAY.AZ
Oil production in Azerbaijan is expected to hit a record-high 30 mln tons in 2006, State Oil Company of Azerbaijan (SOCAR) informed.

Daily production under Azeri-Chirag-Gunashli project is planned to increase up to 439 thousand barrels.

Average oil production in Chirag 1 field will make up 138 thousand barrels, 226 thousand in Central Azeri, and 75 thousand in Western Azeri.

In 2005 22.2 mln tons of oil and 5.82 bln cubic meters of gas, and generated 22.3 bln kw/h of electricity were produced.

URL: http://www.today.az/news/business/23486.html

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