Middle East Economic Survey
VOL. XLVIII
No 18
2-May-2005
CASPIAN
AIOC Crude Output To Average 227,000 B/D During 2005, Gearing Up For BTC
Crude production from Azerbaijans offshore Chirag and Central Azeri oilfields will average 227,000 b/d during 2005, BP Azerbaijan Associate President David Woodward said in Baku on 19 April during his first quarter 2005 business update. The BP-led Azerbaijan International Operating Company (AIOC) will spend $159mn in operating expenditure during 2005 and capital...
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