Azerbaijan to Increase Oil Export to 208mln tons over Next Four Years

Azerbaijan, Baku / Trend / In 2008-2011 Azerbaijan will export 208.2mln tons of oil, the Government said. Approximately 204.6mln tons of the total export was delivered by partners of the Azerbaijan International Operation Company (AIOC). The remaining part in the volume of 3.6mln will be exported by the State Oil Company of Azerbaijan (SOCAR).

So, 44.281mln tons of the total will be exported in 2008 (43.381mln by the AIOC and 900,000 tons by SOCAR), 53.211mln in 2009 (52.311mln by AIOC and 900,000 tons by SOCAR), 55.645 mln tons in 2010 (54.745mln tons by AIOC and 900,000 tons by SOCAR), 55.104mln tons in 2011 (54.204mln by the AIOC and 900,000 tons by SOCAR).

In 2007 Azerbaijan is expected to export 35.666mln tons of oil, including 34.916mln tons by the AIOC and 750,000 tons by SOCAR.

In 2008-2011 gas export from the Shah Deniz field in Azerbaijan will comprise 25.860bln cu m of gas. Around 23.560bln cu m of this volume will be exported through the South Caucasus pipeline to Turkey and 2.300bln cu m to Georgia.

In 2008 some 4.620bln cu m of gas from the Shah Deniz field will be exported (4.280bln to Turkey and 340mln to Georgia), in 2009 - 7.020bln cu m of gas (6.510bln to Turkey and 510mln to Georgia), in 2010 - 7.110bln cu m of gas (6.480bln to Turkey and 630mln to Georgia), in 2011 - 7.110bln cu m of gas (6.290bln to Turkey and 820mln to Georgia).

In 2007 some 1.720bln cu m of gas was exported from the Shah Deniz, including 1.520bln cu tons delivered to Turkey and 200mln cu m of gas to Georgia.

Condensate produced from the Shah Deniz field is exported via the Baku-Tbilisi-Ceyhan pipeline. Over 2008-2011 export from the field will comprise approximately 10.108bln cu m of condensate.