Azerbaijan, Baku, March 29 / Trend /
In January-February, Azerbaijan got 463 million cubic meters of gas from gas condensate field Shah Deniz compared to 340.36 million cubic meters over the same period in 2008, SOCAR said.
About 106.2 million cubic meters of the total amount of gas received in January and February, fall to SOCAR's share holding in the project of Shah Deniz and the rest - 356.8 million cubic meters of gas from the field was bought by SOCAR.
The contract on development of Shah Deniz offshore field was signed on June 4, 1996. Participants of the agreement are: BP (operator) - 25.5 percent, Statoil - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO - 9 percent, SOCAR - 10 percent.
Now, gas is transported to Georgia and Turkey via South Caucasus gas pipeline.
About 7.84 billion cubic meters of gas are planned to be extracted in the field this year. Peak output in the field is expected to hit 8,6-9 billion cubic meters. According to the forecasts, gas production can reach up to 20 billion cubic meters a year within the second stage of field development.