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Thursday, November 03, 2005

Azeri-Chirag-Gunashli has more oil than it was believed it has

02 November 2005 [15:22] Today.Az - Oil reserves at Azeri-Chirag-Gunashli are bigger than they were predicted by earlier explorations. Over 40 millions tons of oil and 8 billions cubic meters of natural gas have been extracted from Azeri-Chirag-Gunashli since the beginning of the project in 1997. The latest geological exploration discovered the volume of oil reserves in this filed is over 730 millions tons against 511 millions tons forecasted earlier.

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