• Natural Gas News

    Azeri gas transport rises in Jan-Sept

Summary

Most of the country’s gas comes from the giant Shah Deniz field in the Caspian Sea.

by: Daniel Graeber

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, Companies, Europe, BP, Infrastructure, Pipelines, South Caucasus (Baku-Tbilisi-Erzurum|BTE), News By Country, Azerbaijan

Azeri gas transport rises in Jan-Sept

Azeri media reported November 1 that natural gas transportation through pipeline networks improved some 18.2% from year-ago levels.

Azertag reported the Baku-Tbilisi-Erzurum pipeline, known otherwise as the South Caucasus pipeline, accounted for about half of the natural gas transportation from Azerbaijan during the nine-month period ending in September.

Total piped volumes from Azerbaijan reached 25.4bn m3 from January-September.

That provides an additional layer of energy security for a European economy fretting over supply-side issues and soaring natural gas prices.

Much of the Azeri gas supply comes from the Shah Deniz field in the Caspian Sea.

BP leads the development of Shah Deniz. The company and its partners in July started production at the deposit's East South deepwater flank.

The project will produce 4.13bn m3/year at full capacity, a level that could be reached yet this year. That would bring the field's overall production rate to more than 24.8bn m3/yr.

The extra gas will help the Shah Deniz consortium fulfil its existing sales and purchase agreements.

The second phase of Shah Deniz came on stream in 2018, delivering natural gas to Turkey and Europe via the Southern Gas Corridor, whose final section, the Trans-Adriatic Pipeline, started delivering gas at the start of this year.