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SOCAR, Gazprom Germania debate cooperation in gas utilization

Oil&Gas Materials 31 August 2009 17:43 (UTC +04:00)

Azerbaijan, Baku, Aug. 31 / Trend /

In Baku, the State Oil Company of Azerbaijan Republic (SOCAR) and Gazprom Germania ZMB GmbH discussed the "Agreement on services" as part of assisting in the implementation of the project to utilize the associated gas of low pressure in the areas of Oil Rocks Oil and Gas Production Unity (OGPU) in accordance with the Clean Development Mechanism, the SOCAR Ecology Department reported.

The agreement was discussed during the visit of experts of the Gazprom Germania company David Graeber and Erik Weigelt in Baku. Further, as part of the visit, the parties assessed the possibility of implementation of the project under the clean development mechanism.

This project proposal was submitted to the German company by SOCAR in 2008. SOCAR and Gazprom Germania signed a confidential agreement. Currently at the expert level, work continues on the preparation of documentation in this project.

Under the visit, the sides visited all sites, technical installations of OGPU, included in this project

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