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Azerbaijan's oil production rose

Azerbaijan's oil production rose
Oil production in Azerbaijan grew this January against last December. This year oil production by all the producers in Azerbaijan still makes up 572,198 barrels against 375.807 million barrels in 2009 and 332.07 million barrels in 2008.

Azerbaijan's oil production rose by 17.6%.

Oil production in Azerbaijan grew this January against last December. This year oil production by all the producers in Azerbaijan still makes up 572,198 barrels against 375.807 million barrels in 2009 and 332.07 million barrels in 2008.

The State Statistics Committee informs that in January of the year the country was produced 4.268 million tons of oil that is by 17.6% more versus the January 2009 index.

Last December"s indicator totaled 4.02 million tons and the best indicator of 2009 was registered in May - 4.518 million tons.

?Major non-state producer Azerbaijan International Operating Company (AIOC), developing Azeri-Chirag-Gunashli oilfield block, produced 3.5 million tons of oil this January that is by 21.5% more against last January"s index,? the Committee said.

Last December production by the consortium totaled 3.3 million tons and its best indicator of 2009 was registered in June - 4.3 million tons.

In 2009, production totaled 50.376 million that is by 13.5% more versus production for 2008, including AIOC production of 41.9 million tons.

In 2008, the country was produced 44.46 million tons of oil (+4.6% against 2007), including 35.9 million tons of oil (+5.3%).

www.turkishmaritime.com.tr

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