Azerbaijan, Baku/ Trend / From January to May, 2007, AIOC (Azerbaijan International Operating Company), which is engaged in the developing of the offshore block of oil fields of Azeri- Chiragh-Gunashli (ACG), produced 13.8 mln tons of crude branded Azeri Light oil.
This figure is 5.6mln tons more, than that registered through the same period last year.
A source in AIOC announced on the 7th of June that in January to May, 2007, the oil production on the Deposit of Chiragh reached 2,942,000 tons of oil as compared to 3,084,000 tons produced in the same period of 2006. In the reporting period, the oil production from the field of Azeri reached 10,871,000 tons against 5,137,000 tons produced in January to May of 2006
In May 2007, the oil production from Chiragh made up 607,200 tons in comparison to 642,290 tons of oil produced in May 2006. In May 2007, the oil production from Azeri reached 3,378,000 tons as compared to 1,209,000 tons produced in May 2006.
AIOC produced 23,260,000 tons of crude branded Azeri Light on the contract area (ACG). This figure is of 13,074,000 tons more than the corresponding figure registered in 2005. In 2006, the oil production from the Chiragh Deposit was 6,977,000 tons of oil against 7,028,000 tons produced in 2005. In 2006, the oil production from the Azeri Field reached 16,283,000 tons versus 6,109,000 tons produced in 2005