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Increase in Azneftkimmash Production Reaches 34% in First Quarter of 2008

Oil&Gas Materials 8 April 2008 20:54 (UTC +04:00)

Azerbaijan, Baku, 8 April / Trend corr. S.Babayeva / Azneftkimmash OJSC has increased the production by 33.5%  and AZN 8.6mln within the first quarter of 2008, Nariman Boyukkishi, OJSC chief economist, stated.

"Geological survey equipment, tools and spare parts ,worth AZN8.6mln, of the oil-field were produced," he stated.

During the mentioned period, the Zabrat engineering plant  manufactured the product in sum of AZN1.5mln, Surakhani engineering plant  - AZN1.2mln, Sabunchi Science Production Association - AZN750,000, Baku oil engineering plant  - AZN600,000, Sardarov plant -AZN 760,000, Baku oil-field plant - AZN850,000 and Sattarhan plant -AZN500,000.

In 2008, OJSC forecasts production of AZN 33.5mln.

Azneftkimmash was established by the order of the President on 22 March 2001. OJSC unites 14 engineering plants, four science-research and project-constructive institutions.

The correspondent can be contacted at: [email protected]

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