It is planned to increase annual gas extraction from the Shah-Deniz Phase 1 project up to 10.4 billion cub.m, Alistair Cook, BP Vice President for Shah-Deniz field development, told journalists at a press conference last evening.
“We have already started works and the results show that the existing infrastructure allows extracting 9.8 billion cub.m. of gas a year from the Shah-Deniz Phase 1. Till the end of 2014 we plan to increase extraction up to 10.4 billion cub.m,” Cook added.
He also said that additional 1.4 billion cub.m. of gas, which will be extracted within the framework of Shah-Deniz Phase 1, will be purchased by State Oil Company of Azerbaijan (SOCAR).
In the future we plan to sign a separate commercial contract for gas purchase.—0—
Economics
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The weaknesses of strategic planning in the Azerbaijani land transport sector were revealed during a briefing on improving legislation, which was attended by representatives of the Azerbaijan Land Transport Agency (AYNA) and the Ministry of Digital Development and Transport.
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The Cabinet of Ministers of the Republic of Azerbaijan has made changes to the existing provisions regarding the approval of construction documentation and the service fees for construction. The amendments are guided by Article 119 of the Constitution of Azerbaijan and are aimed at simplifying processes related to construction permits and operations.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved a new procedure for the recruitment of medical personnel to medical institutions included in the state healthcare system. The decision, which comes into force on January 1, 2025, aims to enhance the implementation of compulsory health insurance in the country.
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The Organization of Turkic States (OTS) convened a pivotal meeting in Guba, recently named the agricultural capital, to introduce the "OTS Made" brand for agricultural products. Representatives from the Ministries of Agriculture of Azerbaijan, Turkey, Uzbekistan, Kazakhstan, and the Turkish Republic of Northern Cyprus, along with experts from relevant departments, participated in the event.
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