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Azerbaijan has 2 bn tons of crude oil - Rovnag Abdullayev

10.12.2019,16:04


December 10, Fineko/abc.az. Energy Forward event organized by Baker Hughes has been held in Baku.

Delivering speech at the event, SOCAR president Rovnag Abdullayev noted that Azerbaijan produced more than 2 bn tons of oil. This is a big figure not only for us, but also for all other oil-producing countries of the world. But at the same time, this means that if we are able to produce, for example, 50% of the oil extracted, and besides there are still 2 bn tons of oil reserves in the depths of the earth that have not yet been produced.