Azerbaijan’s Absheron gas condensate field to produce gas no earlier than 2018

May 15, 2014

The Absheron gas condensate field in the Azerbaijani sector of the Caspian Sea will start producing gas not earlier than 2018, Azerbaijani Energy Minister Natig Aliyev told journalists on May 14, Trend reported on May 15.

He pointed out that recently, France's Total company has presented a program for the Absheron field's development to the Azerbaijani State Oil Company (SOCAR).

The work carried out under this project aims to produce around five billion cubic meters of gas per year, the minister added.

"This is also a complex project, since the field is located in deep water. However, I believe that our experience will allow us to successfully put the field into operation," Aliyev stressed.

The discovery of the Absheron large natural gas field in the Azerbaijani sector of the Caspian was announced in September 2011 following the drilling of an exploration well.

Copyright: Trend, 2014