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Azerbaijan boosts gas export to Turkey

Azerbaijan boosts gas export to Turkey Azerbaijan boosts gas export to Turkey

Baku, November 5 - Neftegaz.RU. In January-August 2019, Azerbaijan exported 6,044,65 billion m3 of gas from the Shah Deniz field to Turkey, which is 35.5 % higher than the figure of the same period in 2018, Azernews reported.

According to the Council, in August 2019, Azerbaijan accounted for 734.97 million m3 or 23.35 % of the total gas supply to Turkey. In comparison with August in 2018, supply grew by 15.57 %.

In general, in August gas export to Turkey reached to 3 billion 148.09 million m3 (3.74 % growth compared with August 2018). Along with it, pipeline gas accounted for 2 billion 346.67 million m3 (74.5 % of all supply), LNG - 801.42 million m3 (25.5 %). In addition to Azerbaijan, pipeline gas export was implemented from Iran and Russia in the accounting period.

In 2018, Azerbaijani gas supply to Turkey accounted 7 billion 521.15 million m3. Azerbaijani gas is supplied to Turkey from the Shah Deniz field as part of Stage 1 and Stage 2 of its development.

The Shah Deniz 1 field, discovered in 1999 is one of the world’s largest gas-condensate fields. It is located on the deep water shelf of the Caspian Sea, 70 km south-east of Baku. It began to operate in 2006, owing to potential to produce approximately 10 billion m3 of gas per annum.

Shah Deniz Stage 2 or Full Field Development (FFD) is a giant project tremendously aiming to keep balance global energy security in Europe and deliver Azerbaijani gas to the world market. It will add a further 16 billion m3 per annum of gas production to the nearly 10 m3 of gas produced by Shah Deniz Stage 1.