Baku, Azerbaijan, Dec. 11
By Maksim Tsurkov - Trend:
AMEC-Tekfen-Azfen consortium has accelerated the construction of two offshore platforms within the second stage of Azerbaijani Shah Deniz gas condensate field development for one and a half or two months, a source on the oil and gas market of Azerbaijan told Trend Dec.11.
"Construction has been significantly accelerated," said the source. "It was assumed earlier that the work will be completed in mid-summer 2017, and now it is planned for late May. However, it is too early to talk about the more precise timing."
The development operator of Shah Deniz project- BP signed a contract with the ATA consortium totaling $974 million within the Shah Deniz-2 project in late 2014.
Under the contract within five years it is envisaged there will be construction to the upper modules of the production and technological platforms including a residential unit. The contractor is responsible for implementation of all these procedures before commissioning.
The gas to be produced within the second phase of the field's development will be exported to Turkey and to European markets by means of expanding the South Caucasus Pipeline and construction of the Trans-Anatolian Gas Pipeline (TANAP) and the Trans-Adriatic Pipeline (TAP).
Under the project, Shah Deniz gas annual production will increase from 9 billion cubic meters in the first phase of an additional 16 billion cubic meters in the second phase.
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