Azerbaijan Sees 2012 Oil Output Down 13% On-Year At 45 Million-46 Million Tons
11 November 2011 - 8:43PM
Dow Jones News
Azerbaijan is expected to produce between 45 million and 46
million tons of crude oil next year, a 13% fall from 2011, an
official at the country's state oil company Socar said Friday.
Of the total, the BP PLC (BP)-operated Azeri-Chirag-Guneshli
field in the Caspian Sea is expected to produce 36 million tons of
crude, said Khoshbakht Yusifzade, a vice president at Socar.
-By Jacob Gronholt-Pedersen and Aida Sultanova, Dow Jones
Newswires; +7 495 232-9197, jacob.pedersen@dowjones.com
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