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Daily Archives: 2016-08-23

Uzbekistan: Ahangarancement receive licenses to use subsoils

UzbekistanBy admin2016-08-23Leave a comment

Joint stock company Ahangarancement received licenses to use subsoils. According to the company, Comission of the Cabinet of Ministers of Uzbekistan on issuing licenses to use subsoil, containing industrial minerals issued the license to Ahangarancement. In particular, the company received the right to use subsoils to mine limestone at Urgazskom field and andesite at the…

Azerbaijan: profit oil share to reach 60% by late 2016

AzerbaijanBy admin2016-08-23Leave a comment

Some 404.1 million tons of oil and 123 billion cubic meters of associated gas have been produced at the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields in the Azerbaijani sector of the Caspian Sea since November 1997, First Vice President of the Azerbaijan’s state oil company SOCAR Khoshbakht Yusifzade said. He said that the…

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