Bank Of Baku

Azerbaijan overfulfills gas production forecast last year

Azerbaijan overfulfills gas production forecast last year
# 25 February 2015 12:22 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In 2014, Azerbaijan produced 29,575.6 mcm of gas against forecast of 28,8256.0 mcm. The forecast was overfulfilled by  749,600 cm, APA-Economics reports quoting report of the Energy Ministry on outcomes of 2014.

 

According to report, 7,237.9 mcm of gas was produced by SOCAR, 12,488.7 mcm by ACG and 9,849.0 mcm by Shahdeniz.

 

873.9 mcm (forecast – 602.0 mcm) of ACG-produced gas was produced in Chirag, 758.7 mcm (1,027.0 mcm) in West Chirag, 4,677.5 mcm (4,577.0 mcm) in Central Azeri, 3,435.6 mcm (3,240.0 mcm) in West Azeri, 1,351.0 mcm (1,872.0 mcm) in East Azeri, 1,392,000 cm (1,060.0 mcm) in Deepwater Gunashli.

 

SOCAR’s production exceeded forecast by 227.9 mcm, ACG – 110.7 mcm , Shahdeniz – 411.0 mcm.

 

1,853.1 mcm (forecast – 1,299.8 mcm) of gas was pumped in underground gas storages.

 

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