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Azerbaijan Produces 63.5% More Gas from Shah Deniz Field in January-August

Oil&Gas Materials 6 September 2008 12:09 (UTC +04:00)

Azerbaijan, Baku, 6 September / Trend / In January to August Azerbaijan got more than 1.4bln cu.m of gas from gas-condensate Shah Deniz field, an increase of 63.5% (548.9mln cu.m) from the same period of 2007, a source said at the State Oil Company of Azerbaijan Republic (SOCAR).

Azerbaijan plans to produce 2.9bln cu m of gas from Shah Deniz field within 2008.

At present four wells operates on this field. Potential daily output makes up nearly 22mln cu.m of gas.

A total of 8.6bln cu.m of gas will be produced per year at the plateau phase within the framework of the Phase-1 of the Shah Deniz development project.

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