Volume of gas, condensate to be produced at Shah Deniz in 2025 revealed
Energy
- 28 January, 2025
- 14:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
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.
Latest News
12:15
State Service: Cyberattacks on Azerbaijani government entities aim to block access to services
ICT
12:05
SOFAZ revenue from ACG development exceeded 6.5B manats in January–September
Energy
12:05
Azerbaijan's CBA to extend risk-based supervision to other financial segments
Finance
11:58
Shah Deniz brings SOFAZ over 564 million manats in revenue
Energy
11:56
Azerbaijan to restrict AI from making critical decisions in government agencies
ICT
11:46
Photo
ANAMA chairman, UN resident coordinator mull co-op
Foreign policy
11:46
Azerbaijan developing requirements for safe use of AI
ICT
11:40
Former Azerbaijan U-21 coach to visit Baku as FIFA expert
Football
11:36
Photo
Sadyr Japarov meets speakers of parliaments of TurkPA member states
Milli Majlis