Rovnag Abdullayev: “Azerbaijan forecasts 20% increase in general oil production by the end of this year”
  • ECONOMY

  • 12:13 30 May 2019

Rovnag Abdullayev: “Azerbaijan forecasts 20% increase in general oil production by the end of this year”

One of the main goals of SOCAR is to increase gas production, alongside with keeping oil production stable, said Rovnag Abdullayev, President of SOCAR at the 26th International Caspian Oil & Gas-2019 Exhibition and Conference held in Baku, ONA reports.

According to him, a significant increase in gas production in 2018 gave an opportunity to completely stop gas import from abroad.

“20% of the increase is forecasted in general gas production by the end of this year. Gas production will continue according to ascending trend in the next years”, R.Abdullayev added.

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