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Gas production increases in Azerbaijan

Oil&Gas Materials 17 October 2020 18:44 (UTC +04:00)
Gas production increases in Azerbaijan

BAKU, Azerbaijan, Oct.17

By Fidan Babayeva - Trend:

In the first nine months of 2020, 27.5 billion cubic meters of gas were produced in Azerbaijan, Trend reports referring to the Ministry of Energy of Azerbaijan.

Compared to the corresponding period last year, the growth amounted to 5.9 percent or 1.5 billion cubic meters of gas.

"Some 8.7 billion cubic meters of gas was produced from the ACG field, 13.3 billion cubic meters from Shah Deniz," the report says.

"SOCAR accounted for 5.5 billion cubic meters of gas during this period," the information says.

During this period, the volume of gas sales abroad amounted to 9.6 billion cubic meters, which is 15.7 percent more than in the same period last year. Compared to the first nine months of 2019, exports to Turkey grew by 21.3 percent or 7.9 billion cubic meters of gas.

The volume of gas exports to Georgia amounted to 1.6 billion cubic meters.

TANAP delivered 3.2 billion cubic meters of gas to Turkey during this period.

From June 30, 2018, to October 1, 2020, TANAP supplied about 7.1 billion cubic meters of gas to Turkey.

In the third quarter of this year, the State Oil Company of Azerbaijan (SOCAR) carried out over 11,000 meters of drilling.

At the same time, SOCAR processed about 1.3 million tons of oil, over 827 million cubic meters of natural gas.

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Follow the author on Twitter: @Fidan_Babaeva

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