Azerbaijan to up gas production in 2015

According to forecasts, gas production in Azerbaijan will amount to 29 billion cubic meters in 2015 compared to about 26 billion cubic meters in 2011. The figure is indicated in the official stats reported by SOCAR last week.

SOCAR noted that 21.1 billion cubic meters from the total volume of gas, which is expected to produce in 2015 will accounts for the gas produced under contracts for the development of Azeri-Chirag-Guneshli and Shah Deniz in Azerbaijani sector of the Caspian Sea.

The volume of gas produced by SOCAR itself is projected to reach 7.9 billion cubic meters.

Gas production in Azerbaijan totaled 5.96 billion cubic meters in January-April of this year, increase by 9.9 percent compared to the same period last year.

The country produced about 26 billion cubic meters of gas in 2011 compared to 26.23 billion cubic meters in 2010.


/Trend/