SOCAR: Azerbaijan’s oil output to hit 45-46 million tons in 2012 (UPDATE)
Details added (the first version was posted at 12:20)
Azerbaijan, Baku, Nov. 11 / Trend , E.Ismayilov /
Azerbaijan's oil output is expected to reach 45-46 million tons in 2012, SOCAR First Vice-President on Geology, Geophysics and Mining Khoshbakht Yusifzade told journalists today.
He said 8-8.3 million tons of the total volume of oil to be produced in 2012 will account for SOCAR, the rest for the "Azeri-Chirag-Guneshli" field and condensate from the "Shah Deniz" field.
Production volume will be at the same level in 2011, Yusifzade said.