Decline in Oil Production in Azerbaijan

Decline in Oil Production in Azerbaijan This June oil production in Azerbaijan dropped by 0.9% compared to May of the year. This year crude oil production by all producers in Azerbaijan totaled 165.6 million barrels against 338.467 million barrels in 2011, 379.224 million barrels in 2010, 375.807 million barrels in 2009 and 332.07 million barrels in 2008. The State Statistics Committee reports that for Jan-Jun 2012 the country was produced 22.2 million tons. It was produced 3.9... Read More