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Drop in Production of Light Oil in Azerbaijan in August

Oil&Gas Materials 6 September 2008 13:23 (UTC +04:00)

Azerbaijan, Baku, 6 September / Trend / In January to August 2008, Azerbaijan International Operating Company (AIOC) which is developing a bloc of offshore fields Azeri-Chirag-Gunashli produced over 24.6mln tons of Azeri Light oil, while in the same period of 2007 the amount totaled 22.7mln tons, AIOC said.

In January to August 2008, over 4mln tons were produced in the Chirag field and over 19.7mln tons in the Azeri. Nearly 895,460 tons of oil was produced in deepwater Gunashli where the production commenced at the end of April. 

According to AIOC, in August oil production in Chirag totaled 377,400 tons, while in the same period of 2007 it comprised 514,000 tons. Over 1.3mln tons of oil were produced in the Azeri, while in August 2007 it was 2.45mln tons. Some 208, 000 tons of oil was produced in Gunashli. 

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