Bank Of Baku

Shahdeniz’s gas reserves may reach 1.5 tcm

Shahdeniz’s gas reserves may reach 1.5 tcm
# 07 May 2013 15:11 (UTC +04:00)

 

According to him, 300 mln tonnes of oil have been extracted from Azeri-Chirag-Guneshli up to now and its 152 mln tonnes made profit oil. Azerbaijan’s profit share in ACG will reach 80% until the end of “Contract of the Century”.

 

Speaking about current gas potential of the country, Yusifzadeh added that Shahdeniz’s affirmed total gas reserves make 1.2 tcm: “But recalculations say that Shahdeniz’s gas reserves can be 1.5 tcm or more”.

 

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