Description: Very nice rare original stamp. The petroleum industry in Azerbaijan produces about 800,000 barrels (130,000 m3) of oil per day (as of November 2011) and 1 billion cubic meters of gas per year. 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. The main oil-producing regions were located near Baku at Sabunchy, Surakhany and Bibi-Heybat. Until the beginning of the 20th century, the Sabunchi region was producing 35 percent of Baku's oil, and the Bibi-Heybat region produced 28 percent, followed by the Romany and the Balakhany regions. Blowout oil gushers made up the main portion of all oil production in the early days although this was a very uneconomical and environmentally harmful process. However, blowout production decreased as the equipment was improved. In 1887 blowouts accounted for 42 percent of the recovered oil, but in 1890 it had decreased to 10.5 percent. By 1901, Baku produced more than half of the world's oil (11 million tons or 212,000 barrels (33,700 m3) of oil per day), and 55 percent of all Russian oil. Approximately 1.2 million tons of Baku kerosene were also sold abroad.
Price: 13.99 USD
Location: Monterey, CA
End Time: 2024-05-01T14:50:25.000Z
Shipping Cost: 0 USD
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Item Specifics
Restocking Fee: No
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Return shipping will be paid by: Buyer
Certification: Genuine
Quality: Used
Grade: VF (Very Fine)
Condition: Used
Type: Stamp
Era: Russia
Place of Origin: Russia & Soviet Union
