By the end of this year, total oil production in Azeri–Chirag–Gunashli (ACG) field block located in Azerbaijani sector of the Caspian Sea is expected to reach 500 mln. tones, Bakhtiyar Aslanbeyli, BP Vice President for Foreign Relations and Strategic Issues in Azerbaijan, Georgia and Turkey told journalists, APA-Economics reports.
“One of the expected remarkable events for this year is the production of 500 mln. tones of oil in Azeri–Chirag–Gunashli. Of course, it depends on production rate, but until the end of the year it is expectable,” B. Aslanbeyli said.