Gas production from Shah Deniz to increase in 2024

The Shah Deniz gas-condensate field located in the Azerbaijani sector of the Caspian Sea is predicted to produce 26.1 billion cubic meters of gas in 2024, 0.8 billion cubic meters, or 3.16%, more than the 2023 forecast, and 2.1 billion cubic meters, or 8.75%, more than the actual indicator of 2022, Report informs.

Next year, 33.8 million barrels of condensate are expected to be produced from the Shah Deniz field, which is 0.2 million barrels less than the 2023 forecast, the same as in 2022.