Azerbaijan to produce 20bn cu m marketable gas from 2015

  05 June 2013    Read: 955
Azerbaijan to produce 20bn cu m marketable gas from 2015
In 2015, Azerbaijan will be able to produce 20 billion cubic meters of natural gas, excluding the volume of gas injected into layers to maintain layer pressure.
It was announced by President of the State Oil Company of the Republic of Azerbaijan Rovnag Abdullayev at the 20th Caspian Oil and Gas-2013, 1news.az reports.

"This will further enhance the role of Azerbaijan in ensuring energy security of Europe," Abdullayev said.

SOCAR is about to complete commercial talks with potential buyers of Azerbaijani gas in Europe and “the proposals are being evaluated,” SOCAR President added.

“Proposals on gas price and transit tariffs are being evaluated. We expect the final decision on a choice of a route to export Azerbaijani gas to Europe to be made later this month. Moreover, Turkish government is working on a project of construction of Trans-Anatolian gas pipeline (TANAP),” Abdullayev noted.

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