Operating Companies with Foreign Capital Decrease Oil Production in Azerbaijan
Azerbaijan, Baku, 14 February /corr. Trend S.Aliyev / In January 2008, the joint ventures and operating companies developing the onshore fields of Azerbaijan produced nearly 102,000 tons of oil, a decrease of 7% from January 2007, a source stated at State Oil Company of Azerbaijan.
The largest volume of oil production was produced by the operating company Salyan Oil, which develops contract square Kursangi-Garabakhli - 23,000 tons of the oil.
Summary table of oil production of JV and OC in January 2008 (tons):
|Joint ventures||December-2007||January-2008||% to January 2007|
|Suraxani Oil Operation||9930||11160||114,3|
|Apsheron Operating LTD||5753||5575||67,1|