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Energy Ministry about to complete fuel&energy balance for 2006 РіРѕРґ

Oil&Gas Materials 2 November 2005 14:34 (UTC +04:00)

The Azerbaijani Ministry of Industry and Energy is about to compete the development of the fuel-energy balance for 2006 and intends to present the document to the Cabinet of Ministers in November. The government is supposed to adopt the document in November.

According to the Ministry, next year oil production by the SOCAR is expected to attain 8.7 million tons, while gas вЂ" 5.9 billion cu m. "At present he amount of gas production is being clarified. It is expected to be increased to 6 billion cu m," the same source underscored.

It is planned to pump 1 billion cu m of gas to underground gas reservoirs Garadag and Kalmaz for gas supply of population in 2006-2007 winter season.

In compliance with the document, next year 4.5 billion cu m of natural gas and 1.3 billion KW/h of electricity will be imported from Russia. The amount of gas to be imported from Iran for supply of Nakhchivan Autonomous Republic will comprise 250 million cu m and energy - - 80-100 MW. Energy import from Turkey will make up 40-50 MW.

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