Azerbaijan, Baku, June 18 / Trend , I.Khalilova/
The Azerbaijani government specified light oil volume production by the Azerbaijani International Operation Company (AIOC - BP operator of the largest block of fields Azeri-Chirag-Guneshli) totaling 42 million tons for 2009.
A source from the State Oil Company of the Azerbaijan Republic (SOCAR) said a total of 8.9 million tons of oil was planned to produce this year. Totally 50 million tons of oil will be produced in Azerbaijan in 2009.
Participants of the project on development of huge Azeri-Chirag-Guneshli offshore field include BP - operator with 34.1367 percent of stakes, ChevronTexaco - 10.2814 percent, SOCAR - 10 percent, INPEX - 10 percent, Statoil - 8.5633 percent, ExxonMobil - 8.006 percent, TPAO - 6.75 percent, Devon Energy - 5.6262 percent, Itochu - 3.9205 v and Delta Hess - 2.7213 percent. There is a need in $20 billion investments.
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