BAKU, Azerbaijan, Jan. 16
By Anastasia Savchenko - Trend:
The project for the development of the Absheron gas condensate field in the Azerbaijani sector of the Caspian will be commissioned at the end of 2021, Corporate Services Manager of Total Azerbaijan and Total E&P Absheron Anar Rasulov told Trend.
Absheron project is currently in the final stages of work, Rasulov said.
It is planned to complete the project at the end of 2020 or in the beginning of 2021, the director said.
Commenting on the implementation of construction work on this project Rasulov marked that minor delays due to technical reasons have already been taken cared of.
Gas extracted at the first stage of development of the Absheron field will be directed to meet the needs of the domestic market, he said.
The participants of the Absheron project are the Azerbaijani State Oil Company SOCAR and the French company Total in a 50 percent share ratio. The French company ENGIE, which previously owned a 20 percent equity interest, left the project in June 2017. The contract on the Absheron field was signed between SOCAR and Total on February 27, 2009.
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