700mln cu m of gas Used for Electric Energy Production in Azerbaijan

Oil&Gas Materials 7 March 2008 20:00 (UTC +04:00)

Azerbaijan, Baku, 7 March / Trend / From Jan to Feb, about 723mln cu m of gas was transferred to Azerenergy as fuel, State Oil Company of Azerbaijan (SOCAR) reported.

SOCAR's share made up 410,4mln cu m, Azeri-Chirag-Gunashli - 141,5mln cu m and Shah Daniz -171,1mln cu m.

As per the forecast, in 2008, SOCAR- 3,565bln cu m, Azeri-Chirag-Gunashli - 750mln cu m and Shah Daniz - 1,359bln cu m of the gas will be transferred to Azerenergy.

The scheme of mutual settlements on gas operations among State departments was changed from April 2007. SOCAR sells its gas to Azerenergy. Earlier, SOCAR implemented this operation trough Azerigas.

SOCAR sold gas to Azerigas for AZN 42 per 1,000cu m.