Oil production in Azerbaijan; to decline or to rise?

Oil production in Azerbaijan; to decline or to rise? CESD:  “Latest government forecast on oil production is not realistic” Azerbaijan’s oil production to rise by 12% by 2016”- such idealistic forecast distributed by government news agencies after CESD announced its oil production forecasts. The government report says that oil production in Azerbaijan in 2015 is expected at 50,956,600 tonnes, up by 11.8% over 2011. But the report does not cite exact source of this forecast,... Read More