Bank Of Baku

Azerbaijan leaves several European countries behind in terms of volume of gas storage facilities

Azerbaijan leaves several European countries behind in terms of volume of gas storage facilities
# 05 March 2022 11:40 (UTC +04:00)

Works are underway in order to increase the volume of SOCAR  underground gas storage facilities to 5 bln cubic meters, APA -Economics reports citing SOCAR.

There are two underground gas storage facilities in Azerbaijan,  Kalmaz, and Garadagh and the total volume of these facilities is 3,5 bln cubic meters. 

"In a period that demand has sharply increased to the natural gas in the world, the strategic importance of the underground gas storage facilities once more emerges," noted in the information.

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THE OPERATION IS BEING PERFORMED