Bank Of Baku

Progress on Absheron field development project reviewed with international companies

Progress on Absheron field development project reviewed with international companies
# 01 June 2026 17:27 (UTC +04:00)

On 1 June 2026, within the framework of Baku Energy Week, a meeting was held between SOCAR President Rovshan Najaf, Martina Opizzi, Senior Vice President of TotalEnergies, and Mohamed Al Aryani, President for International Gas at XRG, SOCAR told APA-Economics.

During the meeting, satisfaction was expressed with the successful cooperation between SOCAR, TotalEnergies and XRG in the energy sector.

The parties reviewed the progress achieved under the full-scale development project of the Absheron gas-condensate field. In this context, the importance of the agreement signed between SOCAR, TotalEnergies, XRG and BOTAŞ on the long-term supply of natural gas from the Absheron gas-condensate field to Türkiye was highlighted.

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