From January to November 2013 Azerbaijan extracted 16.2 billion cub.m. of tank gas, reads the report of the Azerbaijan State Statistical Committee.
Tank gas production increased by 3.2% against the same period last year.
In January 2013 gas production totalled 1.5 billion cub.m., in February – 1.4 billion cub.m., in March – 1.45 billion cub.m., in April – 1,548 billion cub.m., in May – 1.5 billion cub.m., in June – 1.5 billion cub.m., in July – 1.4 billion cub.m., in August – 1.4 billion cub.m., in September – 1.4 billion cub.m., in October – 1.5 billion cub.m. and in November – 1.6 billion cub.m.
During 2012 Azerbaijan extracted 17.2 billion cub.m. of tanks gas., up 5.4% against 2011.—0—
Economics
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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Azerbaijan and Israel have agreed to establish a working group on the development of cooperation in the field of transport, Minister of Digital Development and Transport Rashad Nabiyev said on Friday on the social network "X".
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