Azerbaijan, Baku /Corr. Trend S.Aliyev/ Natik Aliyev, the Azerbaijani Minister for Energy and Industry, stated that a new concept is required for the development of the Azeri-Chirag-Gunsheli fields, construction of new platforms, and drilling of new wells.
The development of gas reserves on the field has nothing to do with the oil infrastructure and production carried out on the field by the Azerbaijan International Operating Company, operated by BP.
The existing gas transportation infrastructure can be used for delivery of gas to the coast via the sub-sea pipeline and export through the South Caucasus gas pipeline
Meanwhile, the French company Gaz de France, intends to participate in the exploration of a new gas field in Azerbaijan and in the development of deep gas reserves in the Azeri-Chirag-Gunashli fields, which is estimated at 500bln cu m.
The company has intentions to take part in the exploration of new gas fields in Azerbaijan and to participate in the development of deep-seated gas reserves. It also has intentions to take part in the project on expansion of underground gas-holders in Azerbaijan. The company is considering the possibility of taking up management over gas distribution network in the country.
" Azerbaijan is fully independent and enjoys a right to authorize another company in the development of deep-seated gas layers, Aliyev added. If Gaz de France proposes a better and more efficient option, it can be awarded this project."
In accordance with the contract signed by Azerbaijan in 1994, BP and its partners on the Azeri-Chirag-Guneshli field has the right to develop oil layers up to the Pereriv Svita (break of strata). The development of the lower strata is a matter of another contract.
The layers following the Pereriv Svita (Over Kirmakinsk and Under Kirmakinsk strata and Gala) also contain hydrocarbons. According to the estimations of Azerbaijani geologists, these hydrocarbons are gas and condensate.