Joint Ventures and Operating Companies Reduce Onshore Gas Production in Azerbaijan in 2007

Azerbaijan, Baku / Trend corr S. Aliyev / In 2007, joint ventures and operating companies working in the on-shore fields of Azerbaijan produced more than 144mln cu m of gas, a decrease of 7.5% from last year, according to the State Oil Company of Azerbaijan Republic (SOCAR). In December, gas production made up 12.4mln cu m of gas.

The largest volume of gas production resulted from the operating company Salyan Oil which is developing the contractual site Kursang-Garabagli, with a total of 47mln cu m.

Below is a summary table of gas production by relevant enterprises and operating companies in 2007 (ths. cu m):

Joint Ventures and Operating Companies December 2007 % to 2006
Salyan Oil 3512.990 46748.336 119.5
Shirvan Oil 1474.446 23538.842 133.1
OC Karasu 239.000 4427.957 116.5
Azgerneft 25.0 290.0 100.0
Anshad Petrol 2912.187 25967.399 84.4
Gobustan 1459.275 22927.256 52.6
Az.Seng-Li LLC 0 29.0 29.0
Binagadioil 310.000 4287.353 71.5
Garachukhur OC 523.632 7107.616 95.3
Suraxani Oil Operation 508.387 2688.514 227.8
Apsheron Operating LTD 1483 .798 6006.698 106,9
Total 12448.715 144018.971 92.5
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