• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
The State will not release Glas and Salcedo for ‘irregularities’ in habeas corpus
The airline Arajet will connect the Dominican Republic with Ecuador
Land iguanas reappear in Galapagos and this is the reason
UN: Ecuador is the third country in the world that seizes the most drugs
Ecuador detects new case of monkeypox and adds seven
‘Narco generals’: Comptroller finds evidence of three police officers
Florida court rejects appeal filed by Ecuador in Isaías case
18.5% of young Ecuadorians neither study nor work
Ecuador is a high-risk country for investment, says the United States
Ecuadorians abroad will be able to vote electronically in 2023

Another country will freeze its oil production this year

Posted On 08 Mar 2016

 

Azerbaijan, one of the major oil producers in the world, will freeze its crude production for one year, in accordance with the Russian initiative, in which other OPEP countries participate. The project of freezing oil production was confirmed by the Azerbaijan oil president, Rovnag Abduláev.

“We support the proposal of freezing the freeze production”, said Abduláev.

Azerbaijan is one of the countries that suffer the most from the low cost of oil crude, forcing them to stop many projects in order to increment oil production.

This past January, their oil production feel for 4.1% in relation to last year.

The Bakú government forecast that in 2016, the oil extraction will be around 40,74 million tons, almost one million less compared to last year. (I)

Original source in Spanish: http://expreso.ec/economia/otro-gran-jugador-congelara-la-produccion-de-petroleo-este-ano-BB120571

 

 

About the Author
  • google-share
Previous Story

“Te Fuiste,” the new music video by Gotay

Next Story

The government did not spent on TV program hosted by Rafael Correa

SEARCH

LATEST NEWS

The State will not release Glas and Salcedo for 'irregularities' in habeas corpus

Posted On 09 Aug 2022

The airline Arajet will connect the Dominican Republic with Ecuador

Posted On 09 Aug 2022

Land iguanas reappear in Galapagos and this is the reason

Posted On 08 Aug 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net