Azerbaijan AIOC Jan-May Oil Output +12.8% On Yr

Azerbaijan AIOC Jan-May Oil Output +12.8% On Yr
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Δευ, 9 Ιουνίου 2008 - 03:03
The oil output of Azerbaijan International Operating Co. increased 12.8% on the year to 15.582 million metric tons in January-May, the Prime-Tass news agency reported Friday, citing a spokesperson for the company.
The oil output of Azerbaijan International Operating Co. increased 12.8% on the year to 15.582 million metric tons in January-May, the Prime-Tass news agency reported Friday, citing a spokesperson for the company.

Of the total output, AIOC produced 2.548 million tons of oil at the Chirag field in January-May, down from 2.942 million tons in January-May 2007, and 12.838 million tons of oil at the Azeri field, up from 10.872 million tons in January-May 2007.

AIOC also produced 195,000 tons of oil at the Guneshli field, launched in April.

The Azeri-Chirag-Guneshli contract area is located in the Caspian Sea.

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