Baku. Nijat Mustafayev – APA-Economics. The State Oil Company of Azerbaijan (SOCAR) predicts to get 9 billion cubic meters of gas from Shah Deniz in 2009, said Vagif Aliyev, SOCAR’s head of international investments.
The Shah Deniz project is a gas and condensate development in the Azerbaijan sector of the Caspian Sea with planned gas exports to foreign countries.
In 2007 Shah Deniz field produced a total of 3.16 billion cubic meters of gas from four wells, up 12.4% on the prediction.
Of this, 1.594 billion cubic meters was delivered to the State Oil Company of Azerbaijan (SOCAR).
Shah Deniz participating interests are: BP (operator – 25.5%), StatoilHydro (25.5%), SOCAR (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).
Azerbaijan to produce 9 billion cubic meters of gas from Shah Deniz next year
23 December 2008 14:27 (UTC +04:00)
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