TODAY.AZ / Business

Natig Aliyev: "Azerbaijan will be known as natural gas exporting country"

07 June 2006 [15:45] - TODAY.AZ
850 million cubic meters natural gas capacity will be produced in Shahdeniz Project this year.

According to Industry and Energetics Minister Natig Aliyev, 500 million cubic meters of manufactured gas will be sold to Turkey, 50 million cubic meters will be to Georgia and remaining 300 million cubic meters will stay in Azerbaijan.

"So, Azerbaijan will be also known as a natural gas exporter in the world by this year."

First gas from Shahdeniz will be obtained in late September this year. Consequently, gas produced there will be exported through Baku-Arzurum pipeline starting from that time, APA reports.

$4,1 billion is forecasted to be expensed till the entry in market in IV quarter this year within the framework of Stage I.

URL: http://www.today.az/news/business/27017.html

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