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High Quality Content by WIKIPEDIA articles! The petroleum industry in Azerbaijan produces about 914,000 barrels of oil per day and 1 bcma of gas ? a production that will grow to a historical peak of 1.2 million bo/d by 2008, with an equally large amount of gas. Azerbaijan is one of the birthplaces of the oil industry, its history is linked to the fortunes of petroleum. It is poised to become an important oil and gas producer once again.There is evidence of petroleum being used in trade as early as the third and fourth centuries. Information on the production of oil on the Apsheron peninsula…mehr

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High Quality Content by WIKIPEDIA articles! The petroleum industry in Azerbaijan produces about 914,000 barrels of oil per day and 1 bcma of gas ? a production that will grow to a historical peak of 1.2 million bo/d by 2008, with an equally large amount of gas. Azerbaijan is one of the birthplaces of the oil industry, its history is linked to the fortunes of petroleum. It is poised to become an important oil and gas producer once again.There is evidence of petroleum being used in trade as early as the third and fourth centuries. Information on the production of oil on the Apsheron peninsula can be found in the manuscripts of most Arabic and Persian authors.