SOCAR Completes Part of Work on Expansion of Underground Gas Reservoir
Azerbaijan, Baku, 20 June /cor. Trend E.Ismaylov / Repair works have been completed in eight wells, which were carried out to increase the volumes of gas in underground reservoir in Garadagh.
After receiving compress station, which will be installed in gas reservoir, the gas volume in the reservoir will increase, Khoshbakht Yusifzade, First Vice President of the State Oil Company of Azerbaijan Republic (SOCAR) for Geology, Geophysics and Field Development, said on 20 June. Currently repair works are being carried out in other wells.
"By 2015, the volume of gas production in Azerbaijan will increase up to 42bln cu.m, and therefore, it needs to construct one more underground gas reservoir on the basis of Bahar gas field," Yusifzade said. the reserves of this field have been significantly developed. SOCAR independently develops the field. "Currently the issue of creating a new gas reservoir is being discussed," Yusifzade said.
Azerbaijan considers the possibility of constructing additional gas reservoir in order to ensure continuous gas production on the field in case of termination in the activity of the export pipeline. Approximate volumes may make up 5-6bln cu.m, but more efficient capacity of the new gas reservoir will equal 10bln cu.m.
Today two gas reservoirs function in Azerbaijan - Garadagh and Kalmaz. Last year more than 1bln cu.m of gas was pumped into the reservoirs. This volume of gas is used to cover the demands of subscribers in the country in the autumn-winter period of 2007-2008. Last period (2006-2007), more than 1,024bln cu.m of gas was pumped into the gas reservoir.
The gas production in Azerbaijan is carried out by the SOCAR independently. Large part of SOCAR-produced gas is directed towards covering internal demand in Azerbaijan, and nearly 1.5mln cu.m of gas is exported to Georgia per day.
Operated by BP, gas is also produced on Shah Deniz field in Azerbaijan by the foreign partners with the participation of SOCAR. The gas is supplied to Azerbaijani market as well as exported to Georgia and Turkey via South Caucasus Pipeline.
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