...

SOCAR develops Azerbaijani gas reserves concept

Oil&Gas Materials 20 September 2011 17:35 (UTC +04:00)
SOCAR is developing a concept on exporting Azerbaijan's growing gas resources, a senior SOCAR representative said.

Azerbaijan, Baku, Sept.20 / Trend, E. Ismayilov /

SOCAR is developing a concept on exporting Azerbaijan's growing gas resources, a senior SOCAR representative said.

He said work is underway in two directions. The first envisages the successive development of prospective structures and fields. The second direction, considered in the context of possible export infrastructure projects, is creating opportunities for supply to potential markets. In this case, the question is about both pipeline projects and options of delivery of gas in liquefied form and other forms.

"We are working on this concept. All options - both pipeline directions on different routes and gas supply to markets in liquefied form will be considered," SOCAR representative said.
He said the latest discoveries in Azerbaijan are associated with gas and gas condensate fields.

"Our geological services, our experts suppose that the next discoveries will be the same type," SOCAR representative said.

Azerbaijan is choosing option for gas supply to the European market. Azerbaijani gas supplies are considered to be in the form of pipeline projects, as well as there are ideas to supply it in compressed and liquefied form to Europe.

Tags:
Latest

Latest