Nearly three-fourths of oil produced in Azerbaijan transported to world markets via BTC
Energy
- 02 June, 2023
- 07:21
Add Report.az to preferred Google sources
Stay up to date with the top news!
So far, 484 million tons of the 654 million tons of oil produced in Azerbaijan have been exported to world markets through the Baku-Tbilisi-Ceyhan pipeline, the first vice-president of the State Oil Company of Azerbaijan (SOCAR) Khoshbakht Yusifzadeh said on the second day of the Baku Energy Forum, Report informs.
According to him, the Azeri-Chirag-Guneshli (ACG) oil and gas field block, located in the Azerbaijani sector of the Caspian Sea, produced 573 million tons of oil from the date of becoming operational till May 1, 2023,
"208 billion cubic meters of gas have been produced from the field block. More than 340 million tons of oil produced in the ACG fell to the share of Azerbaijan's profit oil."
Latest News
18:50
Photo
Russian missile barrage kills three in Kyiv, damages hospital and key bridge
Other countries
18:30
Azerbaijan establishes AI Observatory to boost economic competitiveness
ICT
18:28
OSCE PA President Pere Joan Pons steps down - Exclusive
Other countries
18:27
Asa Regner: UNESCO allocates $500,000 to support 48 local initiatives
Foreign policy
18:24
Photo
Jeyhun Bayramov discusses prospects for cooperation with ICESCO
Foreign policy
18:20
President: World Forum on Intercultural Dialogue has transformed into efficient and inclusive platform
Foreign policy
18:13
Deputy minister outlines AI Hub's role in economic transformation
Business
17:57
Photo
Jeyhun Bayramov, Alexander Zuev discuss plans to expand UNOCT presence in Azerbaijan
Domestic policy
17:56
Emin Huseynov: Experience of rebuilding Azerbaijan's Garabagh may be of interest to other countries
Karabakh