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Joint Ventures and Operating Companies Decrease Gas Production in Azerbaijan

Oil&Gas Materials 20 November 2007 14:33 (UTC +04:00)

Azerbaijan, Baku / Trend corr S. Aliyev / In October, joint ventures and operating companies working in the on-shore fields of Azerbaijan produced more than 10mln cu m of gas, according to the State Oil Company of Azerbaijan Republic (SOCAR). From January to October, gas production made up over 116mln cu m of gas, or 5.4% less than last year.

The largest volume of gas production came from the operating company Salyan Oil which is developing the contractual site Kursang-Garabagli, with a total of 40mln cu m. The smallest amount of gas production came from Az.Seng-Li Ltd at only 29,000 cu m.

Below is a summary table of gas production by relevant enterprises and operating companies in January-September 2007 (ths t):

Joint Ventures and Operating Companies October 2007 January-October2007 % to January-October2006
Salyan Oil 3952,181 39491,595 120,1
Shirvan Oil 1875,965 20625,980 137,8
OC Karasu 327,000 3931,957 126,5
Azgerneft 25,0 245,0 100,0
Anshad Petrol 1274,916 20740,013 79,8
Gobustan 922,163 20638,279 60,5
Az.Seng-Li LLC 0 29,0 36,3
Binagadioil 330,000 3652,353 73,6
Garachukhur OC 735,025 5823,449 95,5
Suraxani Oil Operation 283,008 1597,369 163,0
Apsheron Operating LTD 0 0 -
Total 9725,258 116774,995 94,6
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