Azerbaijan expects to stabilize and increase oil production

Azerbaijan expects to stabilize and increase oil production

Azerbaijan is working to stabilize oil production, which thanks to new projects will support and perhaps even show growth, President Ilham Aliyev said at a meeting dedicated to the state plan for the development of the mining and metals industry. "Our main oil field, Azeri-Shirag-Gonsali, has been exploited for almost 30 years, and of course the drop in production rates is also due to objective reasons.