Azeri Shahdeniz field rich in gas resources

Azeri Shahdeniz field rich in gas resources


The first batch of gas from Shahdeniz field in the Azeri sector of the Caspian Sea is expected to be produced in mid-2006, it was reported recently. The credit agreement on Shahdeniz field development was signed on December 14 this year in London, Azertaj reported. The first phase of the project implies extraction of 178 million cubic metres of gas per year and 34 million tonnes of condensate. Further, it is scheduled to increase this volume up to 8-16 billion cubic metres of gas and two billion...


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