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SOCAR continues to build up gas reserves in underground storage facilities of Azerbaijan

Oil&Gas Materials 15 October 2014 14:16 (UTC +04:00)

Baku, Azerbaijan, Oct. 15

By Emil Ismayilov - Trend:

Some 1.84 billion cubic meters of gas were pumped into the underground gas storage facilities of Azerbaijan as of Oct.14, 2014, a source at the country's State Oil Company (SOCAR) told Trend.

Azerbaijan has two underground gas storage facilities, Kalmaz and Garadagh, which are on the balance of SOCAR.

Garadagh storage facility accounted for 997.43 million cubic meters of the total volume of gas pumped into the underground gas storage facilities, while nearly 846.78 million cubic meters fell to the Kalmaz storage, according to the source.

Currently, the active gas volume in the country's underground gas storage facilities amounts to 3.22 billion cubic meters, more than 1.74 billion cubic meters of which is stored in the Garadagh storage, while nearly 1.48 billion cubic meters fell to Kalmaz.

The volume of active gas in underground storage on the results of the injection season can reach 3.5 billion cubic meters, according to the source.

"Injection of gas into underground storage facilities of the country is still going on," the source said.

The residual volume of gas in the underground gas storage facilities stood at nearly 1.38 billion cubic meters (746.43 million cubic meters in Garadagh and some 630.6 million cubic meters in Kalmaz), as a result of gas extraction from the storage facilities.

By the end of last season of gas injection the volumes of gas in underground gas storage facilities in Azerbaijan exceeded 3.43 billion cubic meters, compared to about 3.3 billion cubic meters in accordance with the results of the previous season of gas injection.

Azerbaijan's underground gas storage facilities are capable of storing over 3.5 billion cubic meters of gas.

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