Monday 12 September 2011

Azerbaijan announces major gas discovery - Maktoob News

Azerbaijan's state energy company has announced the discovery of a major natural gas field off the country's Caspian Sea coast.

Socar vice president Khoshbakht Yusifzade said Monday that the Absheron field, which is operated by French company Total, holds at least 350 billion cubic meters of natural gas and 45 million tons of gas condensate.

Yusifzade says the find takes Azerbaijan's total proven gas reserves to 2.55 trillion cubic meters.

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