Baku, Azerbaijan, Sept. 21
By Maksim Tsurkov - Trend:
Thanks to the rich reserves and ongoing projects, gas production in Azerbaijan in 2025 can double, said the article of the president of SOCAR (State Oil Company of Azerbaijan) Rovnag Abdullayev published Sept.21 in the official press.
The article said that the Azerbaijani sector of the Caspian Sea is rich in gas condensate, and SOCAR expands activities in the field of their mining.
"The measures taken on existing projects, and the potential of prospective structures give rise to optimistic forecasts," Abdullayev said. "There are great opportunities to bring production volumes in Azerbaijan up to 20 billion cubic meters a year, excluding the gas injected into the reservoir in 2015, and up to 40 billion cubic meters in 2025. This will further enhance the role of Azerbaijan in energy security of Europe."
In 2014, the total gas production in Azerbaijan amounted to 29.62 billion cubic meters against 30.78 billion cubic meters produced in 2013.-
Edited by CN
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