Azeri government considers fuel & energy balance for 2006

Oil&Gas Materials 6 December 2005 17:30 (UTC +04:00)

The Azerbaijani Ministry of Industry and Energy presented the fuel-energy balance for 2006 the Cabinet of Ministers for consideration and approval, the Ministry told Trend.

“We hope that the document will be considered and approved till late December,” the Ministry said.

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. 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 the Nakhchivan Autonomous Republic will comprise 250 million cu m and energy - - 80-100 MW. Energy import from Turkey will make up 40-50 MW.