Middle East Economic Survey

VOL. XLVIII

No 23

6-June-2005

Caspian

Caspian Crude And Gas Production Continues To Build

Caspian crude and gas production continues to fluctuate upward on a monthly basis, with total production for Azerbaijan, Kazakhstan and Turkmenistan averaging 1.77mn b/d for the first quarter of 2005 and exports averaging 1.3mn b/d, according to data supplied to MEES by Moscow-based RPI. Kazakhstans crude production averaged 1.26mn b/d during the first quarter of 2005 compared to...