In Q1, oil production at Azeri-Chirag-Guneshli maintained at the last year level
Edited by Rhod Mackenzie / 2016-05-24 11:29:13
In the first quarter of 2016, the oil production at the block of Azeri-Chirag-Gunashli fields amounted to 8 million tons, which corresponds to the same period of 2015, the Azerbaijan International Operating Company (AIOC) reports.
According to the AIOC reports, in the first quarter of 2016, the company reduced the amount of the costs of the Azeri-Chirag-Guneshli project development by 15.4% in comparison with the same period last year to $533 million.
