Azerbaijan's SOCAR to increase oil output by 2m tons in 2015
Azerbaijani state oil company SOCAR will increase oil production by 2 million tons by 2015, the company`s President Rovnag Abdullayev told journalists.
He said SOCAR had worked out a relevant program for this purpose.
"The program aims to increase oil production at the Oil Rocks, May 28, Absheron, Narimanov, as well as old onshore oil fields. For this we will purchase state-of-the-art equipment," Abdullayev added.
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