TODAY.AZ / Business

AIOC produces over 1m tons of oil in Jan-Feb

10 March 2005 [14:41] - TODAY.AZ
In January to February 2005 AIOC produced 1,148 million tons of oil from the Azeri-Chirag-Gunashli contract area, exceeding the last year figure by (1,033 million tons).
The company told Trend in February the production comprised 527,000 tons of oil against 478,000 tons in 2004.

Over 2 months 1,125,000 tons oil was transported via the Baku-Supsa oil pipeline, which is up as compared to 2004 (953,000 tons). In February 540,000 tons of oil was transported via this route against 468,000 tons in 2004.

The oil produced fell on the share of AIOC shareholders who enjoy exclusive right for exploitation of pipelines.
URL: http://www.today.az/news/business/18734.html

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