Azer News: Azerbaijan to increase oil, gas production

Azerbaijan is expected to produce about 40.62 million metric tons of oil in 2015 compared to 41.65 million metric tons projected for 2014.

In 2013, Azerbaijan produced some 43.15 million metric tons of oil, a source in the Azerbaijani government told Trend Agency on October 28.

The source also noted according to the forecasts, oil production volumes will fluctuate until 2018.

In 2016, oil production in Azerbaijan will amount to 40.77 million metric tons, in 2017 - 39.42 million metric tons, and in 2018 - to 40.32 million metric tons.
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