The Canadian National Energy Council jointly with the regulating agencies of Alberta and British Columbia have submitted the first research of evaluation of oil and gas resources of the shale formation Montney.
According to the report, the resources total 12,719 billion cub.m. of tank natural gas, 2,308 million cub.m. of tank liquefied natural gas (gas condensate) and 179,000,000 cub.m. (1,125 million barrels) of separator oil.
The above-mentioned gas resources could satisfy Canada’s consumption during 145 years and exceed the resources of the US Marcellus and Haynesville fields.
In 2012 gas production on Montney totaled 1.7 billion cub.feet a day – about 12% of total production in Canada of 13.9 billion cub.feet a day, reported http://slanceviy-glas.livejournal.com.--0---
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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