Baku 21° C
Khoshbakht Yusifzade: Extractable hydrocarbon reserves in Azerbaijan equal 4.05 bln tonnes
Energy
- 04 January, 2018
- 07:16
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 4 January. REPORT.AZ/ As of today, specified extractable oil-condensate reserves are estimated at 1.5 bln tonnes in Azerbaijan, gas reserves at 2.550 tln cubic meters.
Report informs, First Vice-President of the State Oil Company of Azerbaijan Republic (SOCAR), Khoshbakht Yusifzade told an official newspaper.
According to him, forecasted oil reserves is 2 bln tonnes, gas reserves 3.450 tln cubic meters.
"In other words, specified extractable hydrocarbon reserves in Azerbaijan for today equal 4.050 bln tonnes in oil terms, forecasted hydrocarbon reserves to 5.450 bln tonnes in oil terms. Thus, total hydrocarbon reserves are estimated at the volume of 9.5 bln tonnes in conventional fuel", Yusifzade said.
Author
Xoşbəxt Yusifzadə: “Azərbaycanda çıxarıla bilən karbohidrogen ehtiyatı neft ekvivalentində 4,05 mlrd. tondur”
Хошбахт Юсифзаде: Извлекаемые запасы углеводородов в Азербайджане оцениваются в 4,05 млрд тонн нефтяного эквивалента
Latest News
08:18
IMF forecasts 3.1% global economic growth in 2026
Economy
08:03
IMF expects Azerbaijan's economy to grow 2% on average in 2026-2027
Finance
07:51
IMF raises Azerbaijan's 2026-2027 current account surplus forecast
Finance
07:38
Azerbaijan says development cannot be sustained without traditional energy
Foreign policy
00:28
Ali Asadov sends congratulations to Morocco's first female head of government
Foreign policy
00:22
Azerbaijani wrestlers win two gold medals at Vladikavkaz tournament
Individual sports
23:35
Video
President Ilham Aliyev's social media accounts shared video on Cambodian Prime Minister's visit to Azerbaijan
Foreign policy
23:17
Parviz Shahbazov: Oil market stability also depends on safe energy deliveries
Energy
23:11
Georgia seeks role in China-Kyrgyzstan-Uzbekistan transport route
Region