Under the agreement, the share of Zenith in the joint operating company accounts for 80 percent, while 20 percent is owned by SOCAR. The agreement was signed for 25 years.
The Muradkhanli, Jafarli and Zardab fields cover an area of 642.2 square kilometers. Currently, the average daily oil production at these fields is 350 barrels.
Small volume of gas is also produced at the fields and is used in economic and industrial activities.
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