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CERA Announced Forecast on Azerbaijan Oil Export till 2010

Oil&Gas Materials 1 February 2007 20:14 (UTC +04:00)

The Cambridge Energy Research Association (CERA) announced its expectations on Azerbaijan oil export till 2010. Trend reports quoting to a report prepared by CERA, that in 2010, Azerbaijan will export 1,29 mln. barrels of oil per day after the oil production significantly increases on block of fields, Azeri-Chiragh-Gunashli. The reports says that about 75.000 barrels of gas condensate will be produced from Azerbaijan offshore gas condensate field, Shah-Daniz by 2010. Touching on oil operations in Kazakhstan, the reports say that 1,2 mln. barrels of oil will be produced from the Field of Kashagan in 2015, and about 700.000 barrels of oil from the Field of Tengiz in 2010.

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