Oil production from Azeri-Chirag-Guneshli will increase - SOCAR

The State Oil Company of Azerbaijan (SOCAR) predicts an increase in oil production from the block of the Azeri-Chirag-Guneshli (ACG) field in the Azerbaijani sector of the Caspian Sea.

President of SOCAR, Rovnag Abdullayev, told reporters that now the daily oil production from ACG is 95,000 tons.

"With such daily volume, annual oil production at ACG is approaching 33 million tons," said Abdullayev. According to him, this was made possible thanks to the activities undertaken by BP (operator) at the ACG. (News.Az)