SOCAR Vice-President: “Gas reserves of Azerbaijan may be increased to 6 trillion cubic meters”
In perspective the gas reserves in Azerbaijan may be increased to six trillion cubic meters from the current 2.6 trillion cubic meters, SOCAR First Vice-President on Geology, Geophysics and Mining Khoshbakht Yusifzade told journalists.
"Some 43 million tons of oil are expected to be produced in Azerbaijan this year. Azerbaijan has a large gas potential and prospects for discoveries of new fields," Yusifzade said.
SOCAR First Vice-President added that, according to forecasts of specialists, the gas reserves of Shah Deniz gas and condensate field may amount to 1.5 trillion cubic meters.
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