Middle East Economic Survey

VOL. XLIX

No 12

20-March-2006

CASPIAN

Caspian Crude Production Averages 1.9Mn B/D During 2005

Crude production in the Caspian states of Azerbaijan, Kazakhstan and Turkmenistan averaged 1.928mn b/d during 2005, an increase of 234,000 b/d over the 2004 average of 1.694mn b/d, according to information supplied to MEES by Moscow-based RPI Inc. Azerbaijan accounted for most of the boost in regional output as production showed a marked leap from 310,130 b/d in 2004 to 518,710...