Khoshbakht Yusifzade: 381 mln tonnes of Azerbaijani oil have been exported to world market so far

Baku: Azer-Chirag-Guneshli fields block has produced 368 mln tonnes of oil and 109 bcm of gas so far, said the SOCAR first Vice-President Khoshbakht Yusifzade at the Caspian Oil&Gas 2015 conference.

According to him, 200 mln tonnes of oil produced from ACG made Azerbaijan’s profit oil: “Azerbaijan’s profit oil increases year-by-year. 22.5 mln tonnes or 66% of 34 mln tonnes of oil produced from fields block in 2014 made Azerbaijan’s profit oil”.

The vice-President noted that 381 mln tonnes of Azerbaijani oil have been exported to world market till June 1. Of this, 275 mln tonnes were transported via Baku-Tbilisi-Ceyhan.

Yusifzade also noted that Azerbaijan has 2 bln tonnes of oil reserve: “If we taking into account the reserves of Babek, Nakhchivan, Zefer-Meshel, Araz-Alov-Sharg, Asiman-Shafag, then Azerbaijan has 6 trillion cm of gas and 4 bln tonnes of oil”.

SOURCE: AZERI PRESS NEWS AGENCY