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Azerbaijan Announces Forecasts of Demand for Gas for the Next 5 Years

Oil&Gas Materials 3 February 2007 12:57 (UTC +04:00)

According to the forecasts prepared by Azerbaijan ASPI Consulting Engineers, gas production will increase to 15 bln. cubic meters per year in the next five years, Trend reports. At the same time, part of the country demand for gas will be covered at the expense of the gas produced from Azerbaijan offshore gas condensate field, Shah-Daniz, the other part вЂ" at the expense of SOCAR own resources. According to experts, the South Caucasian Gas Pipeline (SCP) will have reserves for the possible piping gas from Central Asian gas producers. If a project on gas piping from Turkmenistan via the territory of Azerbaijan, Georgia, and Turkey, further to Turkey is implemented, the gas may be piped via SCP.

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