Volume of gas, condensate to be produced at Shah Deniz in 2025 revealed

Energy
  • 28 January, 2025
  • 14:24
Volume of gas, condensate to be produced at Shah Deniz in 2025 revealed

In total, 26.1 billion cubic meters of gas are expected to be produced at the Shah Deniz gas-condensate field located in the Azerbaijani sector of the Caspian Sea in 2025, Report informs,

As indicated in the opinion of the Chamber of Accounts on the State Oil Fund of Azerbaijan's (SOFAZ) budget for 2025, this is 0.7 billion cubic meters or 2.6% less compared to the 2024 forecast, and 0.2 billion cubic meters or 0.8% less compared to the actual figure for 2023.

In 2025, 31.2 million barrels of condensate are expected to be produced from the Shah Deniz field, which is 2 million barrels or 6.02% less compared to the 2024 forecast. This is 4 million barrels or 11.4% less compared to the actual figure for 2023.