Industry

Shah Deniz facilities’ production capacity is currently about 70 million standard cubic meters of gas per day

“The existing Shah Deniz facilities’ production capacity is currently about 70 million standard cubic metres of gas per day or more than 25 bcma,” bp Azerbaijan told AZERTAC.“During the quarter, the Shah Deniz field continued to provide deliveries of g…

Industry

Natural gas futures increased on world market

The price of futures quotes for natural gas at the NYMEX (New York Mercantile Exchange) has increased, APA-Economics reports.With delivery in August futures quotes for natural gas according to 1 mln, the British terminal unit (BTU) has increased by 0,0…

Industry

NCOC temporarily halts operations at Kashagan oil field

BAKU, Azerbaijan, North Caspian Operating Company (NCOC) has temporarily halted operations at Kashagan oil field, Trend reports citing the NCOC.NCOC, the Operator of the North Caspian Project, confirms that on 3 August 2022, Bolashak Onshore Processing…