Azerbaijan produces over 15 bn cubic meters of gas

Azerbaijan produces over 15 bn cubic meters of gas In January-November, Azerbaijan produced 15.7 bn cubic meters of marketable gas, according to the State Statistical Committee.  In 2011, Azerbaijan produced 25.7 bn cubic meters of gas. According to government forecasts, in 2012, the country is expected to produce 28.28 bn cubic meters of natural gas.  Read More

Azeri gas output to reach 40bn cubic meters by 2025

Azeri gas output to reach 40bn cubic meters by 2025 Gas production in Azerbaijan will reach 40 billion cubic meters (excluding injection) by 2025, according to forecasts, president of Azerbaijan’s state energy company, SOCAR, Rovnag Abdullayev, said on September 07, 2012. He noted that the figure will be 20 billion cubic meters by 2015. Abdullayev said $50 billion has been invested in the PSA contracts in Azerbaijan so far.  Read More