Middle East Economic Survey

VOL. XLVIII

No 11

14-March-2005

CASPIAN

Caspian Crude Production Averages 1.7Mn B/D During 2004

Crude production in the Caspian states of Azerbaijan, Kazakhstan and Turkmenistan averaged 1.693mn b/d during 2004, an increase of 190,000 b/d over 2003, according to information supplied toMEES by Moscow-based RPI. Crude output in Azerbaijan and Turkmenistan remained relatively unchanged from the year before, while a boost in production from Kazakhstan accounted for the...