Baku 19° C
Hungarian MOL Company’s daily oil output in Azerbaijan nears 13,000 B/D
Energy
- 15 May, 2024
- 12:57
Add Report.az to preferred Google sources
Stay up to date with the top news!
In the first quarter of 2024, the Hungarian MOL company’s daily oil production in Azerbaijan averaged 12,800 barrels of oil equivalent, Report informs with reference to the company.
This figure represents a 14.7% decrease, equivalent to 2,200 barrels, compared to the same period in 2023. The production took place in the Azeri-Chirag-Gunashli (ACG) field.
MOL’s total oil production for the first quarter stood at 92,300 barrels of oil equivalent, marking a 3.8% reduction from the previous year’s corresponding quarter. However, this total indicates a slight increase of 0.9% over the fourth quarter of 2023.
MOL holds a 9.57% stake in the ACG project and an 8.9% interest in the Baku-Tbilisi-Ceyhan oil pipeline.
Author
MOL şirkətinin Azərbaycanda gündəlik neft hasilatı 13 min barelə yaxınlaşıb
Cуточная добыча MOL в Азербайджане в первом квартале приблизилась к 13 тыс. б.н.э.
Latest News
23:59
Türkiye to sue Meta
Region
23:44
Azerbaijan and Ecuador's Central University discuss cooperation
Foreign policy
23:18
Putin says Russia and Ukraine could reach an agreement
Region
23:09
Zelenskyy says there is no personal animosity between him and Trump
Other countries
22:59
Azerbaijan seeks to expand interparliamentary cooperation with Estonia
Foreign policy
22:47
Azerbaijan raises issue of mine threat and illicit arms trafficking at UN
Foreign policy
22:34
Arda Güler extends contract with Real Madrid
Football
22:20
Media and Broadcasting Council condemns fake news about Azerbaijan in Turkish press
Media
22:15
Azerbaijani FIFA referee Farida Lutfaliyeva appointed to UEFA U-17 Women's EURO qualifiers
Football