Next year gas production in Azerbaijan is planned to total 27,364,000,000 cub.m., according to the draft budget, which is currently under consideration in Milli Mejlis.
This equals to this year’s level. The volume of tank gas is not mentioned in the document. However, it will most likely remain the same as this year – 17.3 billion cub.m. 7 billion cub.m. will fall to production by State Oil Company of Azerbaijan (SOCAR), 2.5 billion cub.m. – to the associated gas from the Azeri-Chirag-Guneshli (ACG) fields and the remaining volume – to the Shah-Deniz consortium.—0—
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review