A total of 278 billion cubic meters of gas and 53.6 million tons of condensate have been produced to date (as of May 1, 2025) from the Shah Deniz field, one of the world’s largest gas-condensate fields, APA-Economics reports, citing information presented by SOCAR at the 31st Caspian Oil and Gas Exhibition, Caspian Oil and Gas.
Production under the Shah Deniz-1 project began in 2006, while production under the Shah Deniz-2 project started in 2018. During this period, 199.6 billion cubic meters of the gas produced from the field was exported.
According to the information, 2026 will mark the 30th anniversary of the signing of the Production Sharing Agreement (PSA) for Shah Deniz and the 20th anniversary of the start of first commercial gas production.
At the same time, it is noted that the Shah Deniz Compression Project has the potential to produce an additional 50 billion cubic meters of gas and 25 million barrels of condensate. Within the framework of the project, additional production from low-pressure reservoirs is expected to be ensured starting from 2029.
It was reported that the compression platform will operate on electricity and will be supplied with power through a subsea cable laid from the Sangachal Terminal.
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