Photo: Growth in oil production expected to resume in Azerbaijan in 2018 / Economy news
1 November 2014, 10:08

Growth in oil production expected to resume in Azerbaijan in 2018

It is projected that Azerbaijan will produce about 40.62 million metric tons of oil in 2015 compared to 41.65 million metric tons of oil projected in 2014, the government of Azerbaijan told Trend Oct.28. In 2013, Azerbaijan produced some 43.15 million metric tons of oil. The government said that oil production volumes will fluctuate until 2018, according to the forecasts. In 2016, oil production...