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13.12.2015 13:50

Oil extraction on Salyan Oil fell slightly compared with 2014 and 2013

Oil production at oilfield block Kursangi-Garabagli is to going to decline slightly in 2015, compared with the 2014 results.

An informed source says that operating company Salyan Oil will produce about 180,000 tons of oil from above-mentioned fields located in the valley of the Kura River versus 184,000 tons in 2014 and 197,000 tons in 2013.

The area of the fields discovered in the 60s of the last century covers 450 sq km, and their reserves can reach 150 million tons of oil.

The project of developing the Kursangi-Garabagli block is being realized by the State Oil Company of Azerbaijan and China's CNODC.

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