Baku 9° C
Absheron field expected to produce gas in Q3, 2020
Energy
- 09 April, 2019
- 10:02
Add Report.az to preferred Google sources
Stay up to date with the top news!
Absheron gas and condensate field, located in the Azerbaijan sector of the Caspian Sea, is expected to produce gas in the third quarter of 2020, Report informs citing Market Analysis Azerbaijan 2019 magazine of German-Azerbaijan Foreign Trade Chamber.
The field is expected to produce 1.5 bcm cubic meters of gas and 700,000 tonnes of condensate in the first stage.
The annual production in the field will be 4 bcm of gas in 2022-2023.
According to SOCAR’s assessment, the field’s potential reserves are 350 bcm of gas and 45 million tonnes of condensate.
Author
“Abşeron” yatağından 2020-ci ilin III rübündə hasilata başlanılması gözlənilir
На месторождении "Абшерон" добыча начнется в III квартале 2020 года
Latest News
12:09
Japan to provide radar system, unmanned planes to Philippine military
Other countries
11:50
Niagara Falls illuminated in colors of Azerbaijani flag
Foreign policy
11:39
Anaerobic digestion plants for producing biogas from waste to be built in Azerbaijan
Industry
11:32
Photo
Military march starts in Azerbaijan's Nakhchivan for National Flag Day
Military
11:28
Photo
Military marches held in Baku to celebrate National Flag Day
Military
11:20
Azerbaijan plans to completely replace gas heating with heat pumps by 2060
Infrastructure
11:01
Azerbaijan plans to achieve net-zero emissions balance in agriculture, forestry sector by 2060
AIC
10:41
GL Group, SLB mull prospects for collaboration in Azerbaijan's oil, gas sector
Energy
10:23
EU congratulates Azerbaijan on National Flag Day
Foreign policy