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Italian ENI Announces Its Assessments on Azerbaijan’s Gas Reserves

Oil&Gas Materials 21 June 2007 19:10 (UTC +04:00)

Azerbaijan, Baku /corr. Trend S.Aliyev / The confirmed gas reserves of Azerbaijan for 1 January 2007 equaled 1.37trln cu m, mentioned in the oil and gas review of the Italian ENI. The gas assessment of ENI has not changed since 2000. The report says that Azerbaijan's gas consumption over past ten years (1995-2005) equaled 10bln cu m per year, an increase of 1.44%.

The gas consumption per capita in the Country over the past ten years was 1,196 cu m per year, an increase of 1.32%. Gas in Azerbaijan is produced by the State Oil Company of Azerbaijan (SOCAR). In addition, the fuel is produced from the Shah Deniz field.

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