Azerigaz CSC has produced about 680 mln cubic meters of gas from underground gas reserves (including remainders from last year), Nazim Samadzade, the first deputy chairman of Azerigaz, told Trend. According to Samadzade, the production process will be completed in November 2006. This gas is intended to be used in fall-winter period of 2006-2007.
Azerigaz started the gas production in gas reserves on April 15, 2006. It is expected that about 1 billion 30 mln cubic meters of gas will be produced this year.
In 2005, the record volume of gas was produced in underground gas reserves 1 billion 0.25 mln cm, and it allowed providing the population with gas in winter of 2006 without any problems. In 2004, Azerigaz received around 846 mln cm of gas from underground gas reserve.
Today, Azerbaijan exploits two reserves Garadakh and Kalmaz gas reserves. They are in capacity of 1-1.1 billion cm of gas. It is intended that during the expansion works in Karadakh underground reserve, its capacity will be increased up to 2-2.2 billion cm and Kalmaz 1-1.2 billion cm. At the moment, the talks are being held for financing. The works are intended to be carried out within 2 years. The World Bank shows interest in financing the project.
Expanding the capacity of gas reserves is intended for receiving and keeping more volume of gas in Azerbaijan.