Construction of the residential module platform for the second phase of the Vladimir Filanovsky field development by LUKoil company in the Russian sector of the Caspian Sea has started at Krasniye Barrikady ship building plant in Astrakhan, reported LUKoil press office.
Two support blocks and upper building of the residential platform and the transition bridge connecting the residential module with the field will be built at the plant.
The residential module will accommodate 55 people and will be equipped with the helipad.
The residential module will be put into operation in autumn 2016.—0—
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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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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