Bank Of Baku

SOCAR: Nabucco pipeline will also be available for transportation of Azerbaijani gas to other countries

SOCAR: Nabucco pipeline will also be available for transportation of Azerbaijani gas to other countries
# 11 March 2015 10:52 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. Azerbaijan has 2.550 trillion cm of discovered, up to 6 trillion cm of forecasted gas reserves, SOCAR first Voce-President Khoshbakht Yusifzade told journalists.  

 

“We have 200 cbm of reserves in Umid field, 350 bcm in Absheron field”, Yusifzade said.

 

ACG produced 359.5 mln tonnes of oil and 105.5 bcm of gas: “This field produces 88,000 tonnes of oil and 35 mcm of gas per day”, he added.  

 

According to him, Shahdeniz has produced 60 bcm of gas and 15 mln tonnes of oil since it was put into operation: “Of this, 32 bcm was sold to Turkey, 4.5 bcm to Georgia”.

 

“I want to repeat what the president said that Nabucco pipeline will also be available for transportation of Azerbaijani gas to other countries”, he said.

 

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