...

Foreign companies reduce onshore gas production in Azerbaijan in Jan-May

Oil&Gas Materials 9 June 2006 17:28 (UTC +04:00)

In January to May 2006 the joint ventures and operating companies active in onshore fields in Azerbaijan produced 49,015 million cu m of gas, or 14.2% down as compared to last year, Trend reports.

The biggest portion of gas production fell on Salyan oil, which is involved in the development of Kursangi-Garabaghly contract area. The company lifted 16, 688 million in this period. Least portion of gas production fell on Az.Ећeng-Li Ltd which produced 75,000 cu m of gas, 52.5% less than last year.

At present the SOCAR sells its gas to Anshad Petrol and Gobustan Operating Company.. the latter produced 3, 246 million cu m of gas in January-May 2006.

Comparative table of gas production by joint ventures and operation companies in Azerbaijan in Azerbaijan (in ths cu m)

Joint

ventures

May, plan

January - May, fact

% of Jan May, 2005

Salyan Oil

3486

16688

68,2

Shirvan Oil

1277

7314

132,3

РћРљ Karasu

340

1827

74,9

Azgerneft

40

210

63,6

Anshad Petrol

1947

13442

97,4

Gobustan

В"Az.Ећeng-Li Ltd

Binagadioil

Karachukhur

1295

10

484

702

3246

75

2635

2578

-

47,5

40,5

98,0

In total

9581

48015

85,8

Latest

Latest