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Azerbaijan announces projections on oil and gas production in coming years

Oil&Gas Materials 30 October 2012 20:49 (UTC +04:00)
Azerbaijan plans to produce more than 40.82 million tons of crude oil in 2013, a draft concept of socio-economic development in 2013 and the next three years said.

Azerbaijan, Baku, October 30 /Trend S. Aliyev/

Azerbaijan plans to produce more than 40.82 million tons of crude oil in 2013, a draft concept of socio-economic development in 2013 and the next three years said.

This figure will be more than 43.22 million tons of oil in 2014, 43.082 million tons - in 2015 more than 42.9 million tons - in 2016.

Gas production is projected to be 28.82 billion cubic meters in 2013, more than 29.76 billion - in 2014, more than 29.88 billion - in 2015, about 30.3 billion cubic meters - in 2016.

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