 | Phase-1 oil production scheduled for late 2004 |
Oil production within Phase-1 of the Full-Field Development project of Azeri-Chirag-deepwater Gunashli fields is expected to start in late 2004.
Upon completion of Phase-1, daily and yearly output on the Contract of the Century will reach 350,000 barrels and 17 million tons respectively, according to the AIOC president.
He said bids for construction of a sub-sea pipeline, a new platform on Azeri field and expansion of the Sangachal terminal had already arrived. Detailed engineering operations on this phase are scheduled to complete at the end of this year, while the fourth quarter will see engineering operations for Phase-II of the Full-Field Development project of Azeri-Chirag-deepwater Gunashli, the AIOC president said.*
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Issue: April, 28, 2001
POLITICS
President content with Turkic Summit resultsArmenia, Russia building common army
ECONOMICSDaily output from Chirag-1 hikedPhase-1 oil production scheduled for late 2004Azeri oil enough to make BTC viableDutch experts help Azeri entrepreneursAzerbaijan to refine Kazakh, Turkmen oilNew oil block to be builtAgreement to be signed with Marycam
CULTUREWood carving exhibition opens
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