SOCAR calls cost of Garadagh underground gas-holder extension

Azerbaijan, Baku, June 5 / Trend E. Ismayilov /

Total cost of increased active volume of Garadagh underground gas-holder hits 75 milion manat upon technical-economic basis prepared by SOCAR's institute Neftgazstroy, SOCAR's official materials said. 

Extension of gas-holder is planned t conduct in two phases. The first phase envisages increasing its active volume to 1.4 billion cubic meters compared to 500 million cubic meters.

Construction budget of the first phase of gas-holder extension hits 48.3 milion manat. Amount of real expenses hits 32.1 million manat. Remainder on the first phase hits 16.2 million manat.

It is planned to increase gas pumping in gas-holder to 7 million cubic meters per day within the first phase. These operations are planned to be realized owing to construction of compressor station in gas-holder. Presently, construction operations continue at this station.

Operations within the first phase of gas-holder extension was planned to complete by March-April 2010, SOCAR the first vice-president on geology, geophysics and development of fields Khoshbakht Yusifzadeh said.

Roughly 22 wells have been repaired. Gas distributive point for 32 wells was constructed. Over 52 kilometers of pipelines were laid, official materials said.

It is planned to increase its active volume to 2.3 billion cubic meters within the second phase of gas-holder extension. These operations will be launched after the first phase.

There are two underground gas-holders in Azerbaijan. The second one is Kalmaz. Active capacity of this gas gas-holder hits 1.1 billion cubic meters.  

Underground gas-holders are necessary for Azerbaijan to keep gas surplus in summer and use them in winter.

Roughly 1.4 billion cubic meters of gas was pumped in underground gas-holders over autumn-winter 2008-2009. Pumping of gas in gas-holders was launched for autumn-winter 2008-2009. Roughly 1.4-1.5 billion cubic meters of gas are planned to be pumped in 2009. 

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