Asian Energy Outlook: Azerbaijan will remain the exporter of energy resources
Edited by Rhod Mackenzie / 2013-10-15 05:15:42
Azerbaijan will remain the exporter of oil and gas, is said in the Monday forecast of Asian Energy Outlook up to 2035.
“During the forecasted period the country will keep producing a higher volume of oil and gas than it needs. The increse of extraction at Azeri-Chirag-Gyuneshli will help to reach the peak in 2015 – 1.4 million barrels of oil per day. From 2020 oil extraction at AChG will keep reducing which will result in common reduction of the volumes to 1.26 million barrels per day by 2035”, is noted in the document.