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Chevron Publicizes Volume of Oil Production in Azerbaijan

Oil&Gas Materials 1 June 2007 13:59 (UTC +04:00)

Azerbaijan, Baku / Trend / /The net oil production by the US company Chevron in Azerbaijan in 2006 made up 47,000 barrels in oil equivalent. The company announced that in 2005 the figure was 13,000 barrels in oil equivalent.

Chevron holds 10.2% in the Azeri-Chirag-Guneshli Full Field development project as well 8.9% in the Baku-Tbilisi-Ceyhan (BTC) oil pipeline project.

In 2006 Chevron's net production in Kazakhstan was 62,000 barrels in oil equivalent. In 2005 the figure was 61,000 barrels in oil equivalent.

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