Baku 15° C
Natig Aliyev: Oil companies may encounter difficulties in realization of mega-projects
Energy
- 02 June, 2016
- 06:04
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 2 June. REPORT.AZ/ "Oil prices in world market have fallen to their lowest levels of the 2000s.
If the process will continue for several years, the oil companies will face difficulties in the implementation of mega-projects. Report informs, Energy Minister Natig Aliyev said in Caspian Oil & Gas-2016 conference held in Baku.
The minister said that oil production in Azerbaijan increased by 6 times compared with the 1990s: "If in 1996-1997 we produced 9 mln tons, now this figure has increased by 6 times. In 2014, oil production was 51 mln tons, in 2015 - 41.7 mln tons. Last year 29 bln cubic meters of gas produced."
Author
Natiq Əliyev: "Neft şirkətləri meqa layihələri reallaşdırmaqda çətinlik çəkə bilər"
Натиг Алиев: Нефтяные компании могут столкнуться с трудностями при реализации мегапроектов
Latest News
10:58
5.9-magnitude earthquake strikes off Indonesia coast
Other countries10:49
Azerbaijani manat's velocity declines in eight months
Finance10:35
Azerbaijani Foreign Ministry congratulates Lesotho on Independence Day
Foreign policy10:18
UEFA Nations League: Azerbaijan to host Lithuania in Baku
Football09:57
Iranian diplomats 'kicked out' of US after ignoring order to leave
Other countries09:50
Azerbaijani banks' net foreign assets up more than 20%
Finance09:41
Azerbaijan's Sarigishlag SHPP generates over 46.3M kWh of electricity
Energy09:37
UEFA Nations League: Spain wins at home, England cruises away
Football09:23