The profitable stake of Azerbaijan is 67.9% of ACG oil
Edited by Rhod Mackenzie / 2015-05-13 10:58:19
The stake of Azerbaijan is 67.9% of oil from the Azeri-Chirag-Gyuneshli deposit, the Minister of Energy, N. Aliev said.
According to him, the significance of countries-hydrocarbons exporters keeps growing.
“Today there are 1 bln cars in the world. In the coming years the rate will double. The demand for hydrocarbons resources will move from Europe and the USA in the direction of China, India and other Asian countries”, Mr. Aliev said.
Taking into account the location of Azerbaijan between Europe and Asia, Azerbaijan will manage to quickly react to the changing infrastructure, he said.
