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President Ilham Aliyev: "At the end of this year or next year we will receive first gas in the amount of 1.5 billion cubic meters from Absheron"

17 January 2020 13:57 (UTC +04:00)

"Back then, in the 1990s, Khoshbakht muallim said that gas reserves in the Absheron field were at least 300 billion cubic meters. I can’t say how he knew this, but life has proven him right," President of the Republic of Azerbaijan Ilham Aliyev said at the ceremony to mark the 90th anniversary of renowned oil scientist and geologist, academician Khoshbakht Yusifzade on January 14, APA reports.

The Head of State noted that a foreign company has come to the same conclusion, and at the end of this year or next year we will receive first gas in the amount of 1.5 billion cubic meters from Absheron. "This is an indicator in itself. In the words of Khoshbakht muallim himself, he knows the Caspian Sea like the back of his hand. Khoshbakht muallim has contributed a lot to the determination of the legal status of the Caspian Sea because he participated in all the summits and his words were perceived at these events as the absolute truth. Two years ago, the legal status of the Caspian was determined and agreement was reached. But before that, there were numerous disputes and Khoshbakht muallim’s presence in our delegation always strengthened our position."