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SOCAR Significantly Increased Volume of Own Gas Production

Oil&Gas Materials 26 October 2006 11:47 (UTC +04:00)

This year Azerbaijan has increased its gas production by almost 50% in the shallow part of the Gunashli field developed independently by the State Oil Company of Azerbaijan (SOCAR). At present, the daily gas production in this field has increased from 6 mln cubic meters to 10,35 mln cu.m, Trend reports with reference to SOCAR.

As a result of this year, the volume of the gas production from the fields developed by SOCAR increased by 1 bln cu.m as compared last year's figures. In 2005, SOCAR produced 3930,6 mln cu.m. Of this, 3824 mln cu m has been produced by the Production Unit Azneft and 106,6 mln cu.m by joint ventures and operating companies.

SOCAR intends to increase the gas production up to 2 bln cu.m next year. This goal is intended to be achieved through the realization of the gas program. Within the framework of this program, it is expected to build two compressor stations in the fields Neft Dashlari and Gunashli. In addition, it is intended to construct pipes 53 km in length for high and low pressure gas.

The tender for the construction of the gas compressor station for the gas of low and high pressure in the field Gunashli and its transportation to coast was won by Forqel Finans Ltd. (USA).

According to the agreement, the delivery of the necessary equipment will be carried out from November 2006 to April 2007. This year construction and installation work has already begun.

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