Commercial Gas Production in Azerbaijan Will Reach Peak in 2025 – Jabbarov
Commercial gas production in Azerbaijan will reach a peak of 36 billion cubic meters in 2025, Economy Minister Mikail Jabbarov said. “As for commercial gas, its production in 2025 will reach its peak and amount to 36 billion cubic meters,” Jabbarov said on Thursday when the parliamentary committee on economic …
BP Increased Gas Production from the Shah Deniz Field by 11% in January-September
The BP-Azerbaijan company produced 20 billion cubic meters of gas from the Shah Deniz field in the Azerbaijani sector of the Caspian Sea in January-September 2023, which is 11% higher than the figure for 9 months of 2022, the company’s press service told Interfax-Azerbaijan. The Shah Deniz field also produced …
In January-September 2023, SOCAR Slightly Reduced Oil Production and Increased Gas Production by 9%
The SOCAR (State Oil Company of Azerbaijan) company produced 5 million 819.062 thousand tons of oil in January-September 2023, the company’s press service told Interfax-Azerbaijan. According to SOCAR, in January-September 2022, the company produced 5 million 824.441 thousand tons of oil. Thus, the decline in oil production in January-September 2023 …
BP Group Withdraws from Senegal’s Largest Gas Project
According to Bloomberg, this will increase the share of participation of the African government Energy group BP is negotiating an exit from the Yaqar-Teranga gas field project offshore Senegal, which will increase the African government’s share of participation. Bloomberg reported this. The Yakaar-Teranga field was discovered in 2016, the first …
Gas Production in Russia Fell by 11.4 Percent in January-September
Gas production in Russia in January-September decreased by 11.4% compared to the same period last year – to 380 billion cubic meters, in September – increased by 1.5%, to 39.8 billion cubic meters, Rosstat reported. “39.8 billion cubic meters of combustible natural gas were produced, which is 1.5% more than …
CNPC Will Produce More than 150 Billion Cubic Meters in China in 2023. m of Gas, Imports 90 Billion Cubic Meters. m
CNPC plans to produce more than 150 billion cubic meters of gas in China by the end of 2023, which is 67% of the country’s total production, said company president Hou Qijun during the International Conference “Oil and Gas of Turkmenistan”. According to him, the company’s imports this year will …
Norway’s Gas Production Falls to 4-Year Low
In September 2023, Norway significantly reduced the production of liquid hydrocarbons (LPH) and gas. This is evidenced by preliminary data from the Norwegian Petroleum Directorate (NPD), published on October 23, 2023. Decrease in liquid hydrocarbon production In September 2023, liquid hydrocarbon production in Norway amounted to 1.802 million barrels per …
Norway in September Reduced Gas Production to a Four-Year Minimum
Natural gas production in Norway in September amounted to 5.99 billion cubic meters, according to preliminary data from the Norwegian Petroleum Directorate (NPD). This is the minimum volume for four years. The indicator fell by 34% year-on-year and by 38% month-on-month. NPD forecast production at 9.5 billion cubic meters. Norway …
American Gas Producer EQT Increased Dividends by 5%
American EQT Corp., engaged in the production and transportation of natural gas, increased its quarterly dividends by 5% – to 15.75 cents per share from 15 cents. According to the company’s press release, payments will take place on December 1. The closure of the register of shareholders is scheduled for …
Israel Orders Chevron to Close Tamar Offshore Gas Field
Israel’s Energy Ministry has instructed Chevron to close the Tamar offshore natural gas field off the country’s northern coast, a company spokesman told Reuters. “The Israeli Ministry of Energy has instructed Chevron Mediterranean Limited to cease production at the Tamar field,” the agency quoted a representative as saying. However, the material …