Middle East Economic Survey

VOL. LII

No 9

2-Mar-2009

CASPIAN

ACG Output Recovers To 2.9Mn Tons In January

Azerbaijans state statistics agency announced on 23 February that the BP-led consortium operating the Azeri-Chirag-Guneshli (ACG) oil complex in the Caspian Sea produced 2.9mn tons (686,000 b/d) of oil in January, up 9.8% from December. Azerbaijan produced a total of 3.63mn tons (858,000 b/d) in January, 7.7% more than in December, the agency said. The increase reflected a steady rise in AGC...