President Ilham Aliyev: Daily production from Umid field is 3 million cu m of gas

16:06 - 2.03.2020


March 2, Fineko/abc.az. SOCAR is actively developing the Umid-Babek field.

ABC.AZ reports that the above-mentioned statement was made by President Ilham Aliyev at the 6th Ministerial Meeting within the framework of the Advisory Council of the Southern Gas Corridor held in Baku last week.

According to the president, currently the daily production from Umid field is 3 million cu m of gas. The head of state noted that the potential of this field exceeds 200 bn cu m: "Together with Equinor, we’re working on the Karabakh field. As I was informed, the exploration well should be drilled very soon. Thus, all this is an indicator of the future potential of Azerbaijan.

In addition, Azeri-Chirag-Gunashli has a large volume of deep-water gas fields, and negotiations in this direction between SOCAR and BP are very successful. I hope we can come to an agreement soon. Thus, all this will contribute to the realization of our strategic goals, which are to expand our participation in international markets, export hydrocarbon resources by diversified methods, and create better conditions for our people. This is our goal and strengthening our statehood."

 

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