VOL. XLVI
No 26
30-June-2003
CASPIAN
Chinas CNPC Discovers Oil In Azerbaijans Onshore Gobustan Field
Chinas state-owned China National Petroleum Corp (CNPC) announced on 19 June that it had discovered oil in previously untapped areas of Azerbaijans onshore Gobustan oilfield, adding that the discovery had encouraged it to go ahead with another seven exploration wells. CNPC holds 63% of Commonwealth Gobustan, which operates the Southwest Gobustan concession in Azerbaijan. The state-owned...
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