Financial decision on realization of Shakhdeniz-2 project will be admitted within near days

On December 17, the final financial decision on realization of Shakhdeniz-2 project will be admitted, the President of SOCAR R. Abdullayev says. Now the experts execute documentation. In the total, they are going to sign 39 documents. The start of gas production at Shakhdeniz-2 is planned for 2018, and gas will be delivered to the European market in 2019. Annual volume of gas production will be 16 billion cubic m, including 10 billion cubic m dispatched to Europe and 6 billion cubic m to Turkey.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer