SOCAR: Production at Absheron field to start in middle of 2021

SOCAR: Production at Absheron field to start in middle of 2021
# 11 February 2020 17:34 (UTC +04:00)

The production at Absheron gas and condensate field situated in the Azerbaijani sector of the Caspian Sea is expected to start in the middle of 2021, said Yashar Latifov, SOCAR’s vice-president for fields development said in a statement, "APA-Economics" reports citing "Reuters".

 

He said the reserves of Absheron field are assessed at the level of over 300 bln. cubic meters which allows for producing annually 5 bln. cubic meters of gas at the plateau level.

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THE OPERATION IS BEING PERFORMED