Baku 10° C
Production in ACG field will remain stable
Energy
- 28 November, 2016
- 08:16
Baku. 28 November. REPORT.AZ/ Production in ‘Azeri-Chirag-Gunashli’ (ACG) oil fields block in the Caspian Sea in 2016 will remain on the same level as in 2015.
BP-Azerbaijan Vice-President on foreign relations and strategy Bakhtiyar Aslanbeyli told Report.
B.Aslanbeyli stated that this year's project costs were lower than in previous year: “Despite this, if no problem occurs, production by the year-end will be onn the same level as in 2015”.
Notably, ACG field's output in 2015 was 31.3 mln. tons.
Author
Latest News
17:53
Likhachev: Shell hit protective perimeter of Iran's Bushehr nuclear plant
Region17:39
Trump calls NATO 'extremely unreliable partner,' labels himself 'favorite President'
Other countries17:32
Iran strikes Israel's Ben-Gurion Airport in drone attack
Other countries17:26
Azerbaijan to launch mobile app for tax declarations
Business17:22
Iran launches over 280 attacks on Jordan since Middle East escalation began
Other countries17:07
Credit investments in Azerbaijan's economy rise nearly 9% in a year
Finance16:58
IRGC claims strikes on US sites in Kuwait and Bahrain
Other countries16:44
Orban warns of looming energy crisis in Europe
Other countries16:37