Azerbaijan to Increase Oil Production in 2013

Azerbaijan, one of the world’s 20 largest oil exporters in 2012, will record higher oil output this year, Azernews reported on December 11.

Azerbaijan plans to produce 44 million tons of oil in 2013, which is higher than 2012’s record, Deputy Energy Minister Natig Abbasov said on December 11.

“This year’s crude oil production was projected at 41.06 million tons, but actually the figure will increase by the end of year,” Abbasov said.

Source: Azernews, 2013