Absheron Gas Field Phase 2 Expansion
Sector: Energy • Location: Azerbaijan
Source: Bitget
The second phase of the Absheron gas field project aims to nearly double gas output to 5 billion cubic meters per year by 2029, increasing Azerbaijan's total gas production and supporting European and Turkish markets. The project involves a new investment structure with TotalEnergies holding a 35% share and SOCAR overseeing operations. The final investment decision is expected in 2026, with produc
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The second phase of the Absheron gas field project aims to nearly double gas output to 5 billion cubic meters per year by 2029, increasing Azerbaijan's total gas production and supporting European and Turkish markets. The project involves a new investment structure with TotalEnergies holding a 35% share and SOCAR overseeing operations. The final investment decision is expected in 2026, with production anticipated to begin in 2029. Infrastructure constraints, including pipeline capacity and investment, pose significant challenges to the project's success. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |