Absheron field gas extraction to double in 2024

17:12 - 8.12.2023


December 8, Fineko/abc.az. Gas production at Absheron field in the Azerbaijani sector of the Caspian Sea is projected to reach 1.47 bcm in 2024.

ABC.AZ reports that according to Accounts Chamber’s conclusion on SOFAZ budget for 2024, the figure is 2-fold more than the forecast figure for the current year.

By the end of 2023, gas production at Absheron field is expected to reach 707.55 million cu m.

In addition, it is predicted that 4.05 million barrels of gas condensate will be extracted at Absheron next year (2-fold more than the forecast figure for this year).

The review says that production of 2 million barrels of gas condensate is projected at the field this year.

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