Middle East Economic Survey

VOL. LIII

No 5

1-Feb-2010

CASPIAN

Azerbaijan Produces 50Mn Tons Of Crude And 23 BCM Of Gas In 2009

Azerbaijans crude oil output during 2009 totaled 50.376mn tons (1.007mn b/d), an increase of 13.5% from 2008, according to data released by the State Statistics Committee on 21 January. Of that, the bulk was produced by the BP-led Azerbaijan International Operation Company (AIOC), which operates the offshore Azeri-Chirag-Guneshli (ACG) oilfields. ACG...