Bank Of Baku

Azerbaijan capable of increasing annual gas output to 40 bcm – SOCAR President

Azerbaijan capable of increasing annual gas output to 40 bcm – SOCAR President
# 02 June 2016 09:42 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. During the last decade, Azerbaijan quadrupled gas out to 29 billion cubic meters, SOCAR President Rovnag Abdullayev said at the international Caspian Oil & Gas Conference held in Baku.

  

“SOCAR’s Azneft PU has carried out development of 49 fields so far. As a result of ecological actions, 281 mln cubic meters of associated gas was produced. We are capable of increasing annual gas output to 40 bcm in the future”, Abdullayev said. 

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