"The works on joint processing and sharing of oil production agreement of "Azeri-Chirag-Guneshli" (ACG) fields' block and the deepest parts of "Guneshli" field are underway", the president of Azerbaijan State Oil Company (SOCAR), Rovnag Abdullayev said on October 29.
Talking about the SOCAR share in the new agreement, Rovnag Abdullayev noted that it is too early to say the exact number about the share. ACG production sharing agreement for the current term ends in 2024.
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