Azerbaijan’s total gas reserves reach 2.5 trillion cm

Azerbaijan’s total gas reserves reach 2.5 trillion cm
# 18 September 2012 08:57 (UTC +04:00)
According to him, Baku-Tbilisi-Ceyhan and Baku-Tbilisi-Supsa oil pipelines are bridge providing political links of Azerbaijan with West: “Recently, Azerbaijan is also known as gas exporter. Reserves of Umid gas field make 200 bcm and if we take the capacity of the platform with 6 bcm into consideration, it will be able to extract gas from here during 30 years. Absheron field’s reserves make 350 bcm and after discovery of these fields, Azerbaijan’s total gas reserves reach 2.55 trillion cm”.

Aliyev reminded that, Azerbaijan changed to transit country for oil and gas transportation: “Kazakh representatives already interest in transportation of oil, to be extracted within second phase of Kashagan field, via Baku-Tbilisi-Ceyhan pipeline. Firstly, this pipeline is expected to transport 500,000 barrels of Kazakh oil and this means 23.5 mln tons of oil in a year. It’s expected to reach this digit 35 mln tons in the future”.
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