TODAY.AZ / Business

Karasu Operating Company cuts gas production

26 January 2007 [01:12] - TODAY.AZ
Karasu Operating Company (KAOC), dealing with exploration and development of the Mishovdag and Kelameddin onshore oilfields in Azerbaijan, produced 4,648,000 cu m of gas during 2006, 23.9% down from the previous year.

Company's head office told the APA that the gas output reached 400,000 cubic meters in December, 2006.

KAOC was established by SOCAR (15%) and Nations Energy Corp (85%).


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