Azerbaijan sees 8.5-percent rise in oil production

In total, this year oil production by all the producers in Azerbaijan maked up 59.476 barrels against 375.807 million barrels in 2009 and 332.07 million barrels in 2008.

The State Statistics Committee said that as of 1 March 2010, 7.97 million tons of oil was produced in the country, a rise of 8.5 percent from the Jan-Feb 2010 figure.

This February’s indicator totaled 3.7 million tons compared to 4.268 million tons in January of the year.

“Major non-state producer Azerbaijan International Operating Company (AIOC), developing Azeri-Chirag-Gunashli oilfield, produced 6.6 million tons of oil in Jan-Feb 2010 , a rise of 11.4 percent compared to the Jan-Feb 2009 index,” the Committee said.

This February production by the consortium totaled 3.1 million tons against 3.5 million tons in January of the year and its best indicator of 2009 was registered in June - 4.3 million tons.

In 2009, production totaled 50.376 million, a rise of 13.5 percent from 2008, including AIOC production of 41.9 million tons.


/Abc.az/