Gov`t makes 2010 oil output projections
Azerbaijan`s oil production is projected at 53.3
million tons in 2010. 44.8m tons are to be extracted by the
BP-operated consortium, Azerbaijan International Operating Company
(AIOC), while the remaining 8.5m tons - by the state oil company
SOCAR, Economic Development Minister Shahin Mustafayev
predicts.
Gas output is expected to increase to reach 27.2 billion cubic meters next year, Mustafayev said.
The minister noted that Azerbaijan`s industrial sector is predicted to grow 7.8%, including a 2.4% growth in the non-oil sector. The increase in the agricultural sector is expected to reach 4%, while the transport sector will grow 9.3% and the commodities turnover 7.1% in 2010.
Gas output is expected to increase to reach 27.2 billion cubic meters next year, Mustafayev said.
The minister noted that Azerbaijan`s industrial sector is predicted to grow 7.8%, including a 2.4% growth in the non-oil sector. The increase in the agricultural sector is expected to reach 4%, while the transport sector will grow 9.3% and the commodities turnover 7.1% in 2010.
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