Daily oil output to reach 1m this year
Azerbaijan`s output will reach 1 million barrels per
day by the end of this year, an OPEC forecast says.
According to the prediction, Azerbaijan`s daily oil production in the third quarter will be 960,000 barrels. In comparison with 2008, production will rise by 60,000 to constitute an average of 970,000 barrels per day in 2009.
OPEC calculations show that oil production will also increase in other FSU republics, including Russia and Kazakhstan.
Post-Soviet countries will hike their production by 60,000 bpd to a total of 12.6 million barrels in 2009.
According to the prediction, Azerbaijan`s daily oil production in the third quarter will be 960,000 barrels. In comparison with 2008, production will rise by 60,000 to constitute an average of 970,000 barrels per day in 2009.
OPEC calculations show that oil production will also increase in other FSU republics, including Russia and Kazakhstan.
Post-Soviet countries will hike their production by 60,000 bpd to a total of 12.6 million barrels in 2009.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
Subscribe
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!