Axar.az
UP
23 January 2018


Azerbaijan won’t increase oil output

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto

Azerbaijan intends to keep the oil production in 2016 at the 2015 level, head of the State Oil Company of Azerbaijan (SOCAR), Rovnag Abdullayev said in an interview with ANS TV channel.

He noted that the projects for increasing the production volume have already been suspended.

“The oil output in Azerbaijan won’t exceed last year’s level,” said Abdullayev.

SOCAR produced 8.16 million tons of oil in 2015, compared to 8.32 million tons in 2014. In total, 41.59 million tons of oil was produced in Azerbaijan in 2015, compared to 42.02 million tons in 2014, according to the company.

The country produced around 0.8 million barrels of oil per day in 2015 while the world export production stood at 95.71 million barrels per day.

Date
2016.03.06 / 17:30
Author
Axar.az
Comments
loading...
See also

US feels threatened by Chinese economic expansion globally

Bitcoin will rally again traders predict

Concerning' Bitcoin bounce sparked by rumors of regulation

OPEC: Oil output will decline in Azerbaijan this year

Bitcoin steadies after 26% slump

WB economist denies accusations of bias against Chile

Berlin and Paris step up push for euro zone reform deal

Zuckerberg's overhaul of Facebook cost him £2.4bn already

Azerbaijan’s 2017 state budget 98% fulfilled

Bitcoin may drop to $ 1,800 this year

Latest
 
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla