TotalEnergies, along with its partner SOCAR, announced that they started production from the first phase of development of the Absheron gas and condensate field located in the Caspian Sea.
According to the company’s statement, this first phase connects a subsea production well to a new gas processing platform, itself linked to SOCAR’s existing facilities in Oil Rocks.
The first phase production capacity amount to 4 million cubic meters of gas per day (mmcm/d) and 12,000 barrels a day (bbl/d) of condensate. The gas will be sold on the domestic market in Azerbaijan.
“We are very pleased to announce the start-up of the Absheron gas field, the result of our exploration team’s success. This project is in line with the Company’s strategy of meeting the growing demand for gas and reinforces our partnership with the national company SOCAR,” said Nicolas Terraz, President, Exploration & Production at TotalEnergies.
It should be noted that TotalEnergies and SOCAR own 50%of the project’s shares and it is operated by the joint company JOCAP (Joint Operating Company of Absheron Petroleum).