Gas reserves in Absheron offshore field

Gas reserves in Absheron offshore field French oil company Total has confirmed the presence of large gas reserves in the “Absheron” offshore field in the Azerbaijani sector of the Caspian Sea. According to Total, the results of the first exploration well indicate the presence of natural gas and condensate in volumes of 150-300 billion cubic meters in the northern part of the field. A lateral hole in the northern part of the structure is... Read More

Is Total join to TANAP?

Is Total join to TANAP? French energy major company Total may join Azerbaijan-Turkish Trans-Anatolian pipeline project (TANAP), which will transport Azerbaijani gas from the eastern border of Turkey to the country’s western border, Bloomberg reported with the reference to Total E&P Azerbaijan general manager Christian Giudicelli. According to Giudicelli, Total was invited to take part in TANAP. “We are evaluating the Tanap proposal... Read More

Azerbaijani gas reserves top 2.5 trillion tonnes

Azerbaijani gas reserves top 2.5 trillion tonnes Azerbaijan’s industrial production has tripled over the past years. According to Gun.Az, the statement came from Deputy Minister of Industry and Energy Gulmammad Javadov, speaking at the sitting of the working group on energy in the Ministry of Industry and Energy. ‘Discovery of new gas fields has turned Azerbaijan into the gas exporter and ensured the complete energy security of the... Read More