Baku 22° C
ACG oil production forecast for this year released
Energy
- 29 January, 2025
- 07:43
This year, oil production at the Azeri-Chirag-Gunashli block of fields in the Azerbaijani sector of the Caspian Sea is forecasted to be 123 million barrels, reads the Chamber of Accounts' conclusion on the State Oil Fund of Azerbaijan (SOFAZ) budget for 2025, Report informs.
This is 2.2 million barrels (1.7%) less than the forecast for 2024 and 9.7 million barrels (7.3%) less than the actual figure for 2023.
Author
Latest News
23:48
Roberto Sanchez overtakes Keiko Fujimori in Peru presidential race
Other countries23:35
Armenia to announce final election results on June 14
Region23:09
Serbia may launch strategic dialogue with US this summer
Other countries22:46
Pentagon adds Alibaba, BYD and Baidu to firms with ties to China's military
Other countries22:39
Photo
Baku hosts first Azerbaijan-Syria consular consultations
Foreign policy22:00
Türkiye, US commanders discuss defense, security issues
Region21:54
Azerbaijan, Türkiye discuss higher education cooperation
Education and science21:33
Panama's president expresses desire to further strengthen bonds of friendship with Azerbaijan
Foreign policy21:21