In next 10-15 years, Azerbaijan can maintain the current oil production

In the next 10-15 years, Azerbaijan can maintain the current level of oil production, the expert in oil economy sphere, S. Bagirov says.

The Minister of Energy of Azerbaijan, N. Aliyev claims at the 7th Caspian Oil and Gas Trade and Transporting conference in Baku that oil production of 40-45 million tons is enough for Azerbaijan to provide a profitable inflow to the state from oil sales in necessary volumes. Oil production in Azerbaijan will stabilize, and the current level is enough for the state.

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