SOCAR: Azerbaijan’s oil output to hit 45-46 million tons in 2012

Azerbaijan's oil output is expected to reach 45-46 million tons in 2012, SOCAR First Vice-President on Geology, Geophysics and Mining Khoshbakht Yusifzade told journalists today.

He said 8-8.3 million tons of the total volume of oil to be produced in 2012 will account for SOCAR, the rest for the "Azeri-Chirag-Guneshli" field and condensate from the "Shah Deniz" field.

Production volume will be at the same level in 2011, Yusifzade said.


/Trend/