Partners of Azerbaijan's Shah Deniz field's development announce tender for gas sale within 2nd phase

The first gas supplies from the second phase of the development of the Shah Deniz gas in the Azerbaijani sector of the Caspian will start in 2017, Michael Rosen, Head of External Communications RWE Supply &  Trading said today.

According to him, the Shah Deniz project partners recently announced a tender for gas sale in the second phase of the project. They focus on delivery of the first gas supplies already in 2017.

"RWE has also been invited to participate in this process," Rosen said.

According to him, the company within implementation of the Nabucco gas pipeline project holds talks on gas supplies from Iraq and Turkmenistan.

"Schedule of investment decisions and construction of the Nabucco gas pipeline will be synchronized with the terms of the sale of available gas reserves," he said.

Peak production is forecast at over 8.6-9 billion cubic meters. Gas production may be brought up to 25 billion cubic meters per year under the second stage of development. Gas is transported to Georgia and Turkey via the South Caucasus Pipeline.


/Trend/