Vice president: BP expects to discover additional gas reserves in Azerbaijan

    ECONOMICS  01 June 2023 - 14:11

    Gordon Birrell, BP's executive vice president for production and operations, has said that the company expects to discover additional significant gas reserves in Azerbaijan.

    He made the remarks while addressing the first day of the Baku Energy Forum, which began work today, Report informs.

    According to him, gas reserves in deep strata in the Azeri-Chirag-Guneshli oil and gas field block in the Azerbaijani sector of the Caspian Sea are currently being assessed.

    Birrell added that the opportunities of increasing gas production from the "Shah Deniz" gas condensate field are being studied, and a new exploration well is being drilled there: "As a result of these works, we will discover large gas reserves. We hope this will increase the volume of gas transported to Europe.

    Baku is hosting the Baku Energy Week, combining three prestigious events under one name from May 31 to June 2.

    Within the framework of the Baku Energy Week, the 28th International Caspian Oil and Gas Exhibition - Caspian Oil&Gas, the 11th Caspian International Energy and Green Energy Exhibition - Caspian Power and the 28th Baku Energy Forum (Conference) are being held.

    Baku Energy Week is traditionally held with the support of the Ministry of Energy and the State Oil Company of the Republic of Azerbaijan (SOCAR).

    The organizers of the Baku Energy Week are Iteca Caspian and Caspian Event Organizers together with ICA Events and CEM FZ LLC as international partners.

    326 companies from 37 countries have confirmed their participation in the events to be held within the framework of Baku Energy Week.

    The Caspian Oil&Gas and Caspian Power exhibitions are being held at the Baku Expo Center, and the Baku Congress Center will host the Baku Energy Forum.

    Caliber.Az

    Subscribe to our Telegram channel


Read also

Baku Shipyard: A hub of innovation & industrial growth VIDEO

14 July 2024 - 17:46

Azerbaijan sees surge in air passenger traffic, led by Russia and Türkiye

13 July 2024 - 15:12

Tatneft to partner with SOCAR in development of historic Azerbaijani oil field

12 July 2024 - 16:43

Azerbaijan initiates $500 million fund for "green projects" ahead of COP29

12 July 2024 - 16:55

Baku, Astana, and Tashkent set to sign green energy partnership agreement

12 July 2024 - 15:43

UN to showcase advanced clean energy projects at COP29 in Baku

12 July 2024 - 15:03
ADVERTS
Video
Latest news

    Trump backers turn assassination attempt into fundraising bonanza

    14 July 2024 - 18:03

    Beijing & Moscow launch joint military drills amid NATO Summit

    14 July 2024 - 17:49

    Baku Shipyard: A hub of innovation & industrial growth

    VIDEO

    14 July 2024 - 17:46

    Attempted assassination of Trump sparks political firestorm

    14 July 2024 - 17:35

    Georgian PM blames “Global War Party” for Trump assassination attempt

    14 July 2024 - 17:17

    Kremlin reacts to US ex-president’s assassination attempt

    14 July 2024 - 17:03

    Azerbaijani Defense Ministry releases weekly review

    14 July 2024 - 16:48

    Unprecedented attack: Gunman targets Trump at Pennsylvania rally

    14 July 2024 - 16:32

    Global reactions to Iran's president-elect's foreign policy stance

    14 July 2024 - 15:51

    Hezbollah deploys new Shahed drones against Israel

    14 July 2024 - 15:35

    Azerbaijan thwarts large drug trafficking operation

    14 July 2024 - 15:20

    Failed intelligence sparks outrage after Trump attack

    Changing role of US on world stage

    14 July 2024 - 15:04

    Xi Jinping expresses compassion for Trump after assassination attempt

    14 July 2024 - 14:47

    Kremlin: Deep confrontation between West & Russia shows no signs of easing

    14 July 2024 - 14:32

    Marine Le Pen condemns Trump assassination attempt

    Decries rising western violence

    14 July 2024 - 14:17

    Western nations maintain ban on Ukrainian strikes into Russian territory

    14 July 2024 - 14:11

    Macron condemns attempted assassination on Trump

    Wishes him speedy recovery

    14 July 2024 - 13:55

    Germany unprepared for Trump victory, says Jens Spahn

    14 July 2024 - 13:39

    Erdogan condemns Trump assassination attempt

    Calling for swift justice

    14 July 2024 - 13:24

    Polite Azerbaijan, vague Ukraine and confused France

    Weekly review with Azerbaijani political analyst

    14 July 2024 - 13:09

    Hungarian premier backs Trump after assassination attempt

    14 July 2024 - 12:53

    Chinese exports to Russia rise in June

    14 July 2024 - 12:37

    FBI identifies shooter in assassination attempt on Trump

    14 July 2024 - 12:23

    Azerbaijan commemorates fourth anniversary of Gen Hashimov's death

    Symbol of bravery, patriotism in Azerbaijan

    14 July 2024 - 12:08

    Trump makes first public appearance in New Jersey since Pennsylvania rally shooting

    14 July 2024 - 11:53

    EU, NATO criticise Hungarian PM's unilateral diplomacy on Ukraine peace deal

    14 July 2024 - 11:37

    Armenian PM, US official discuss peace process with Azerbaijan

    14 July 2024 - 11:21

    Hungarian premier dissuades Ukraine from joining NATO

    14 July 2024 - 11:06

    Azerbaijani president condemns assassination attempt on Trump

    Wishes him a speedy recovery

    14 July 2024 - 10:55

    Belarus highlights Russia’s willingness to negotiate

    14 July 2024 - 10:52

    US leaders condemn political violence and express relief over Trump's safety

    14 July 2024 - 10:36

    Hamas ceases communication with Gaza reps

    14 July 2024 - 10:36

    Organization of Turkic States credited for granting observer status to TRNC

    14 July 2024 - 10:21

    Turkish leader cautious on prospects for swift resolution to Ukrainian conflict

    14 July 2024 - 10:05

    Consulate efforts yield passports for Azerbaijani citizens illegally living in Türkiye

    14 July 2024 - 09:50

    Bullet pierces Trump's ear at Pennsylvania rally, prompting quick response

    14 July 2024 - 09:31

    Azerbaijan's strategic shift: Balancing power in a new world order

    Will Azerbaijan align with the East or the West?

    14 July 2024 - 09:20

    China eyes Iran’s nuclear policy shift under new reformist president

    14 July 2024 - 09:05

    India urges Russia to speed up S-400 delivery

    As geopolitical tensions rise

    14 July 2024 - 06:59

    Euro 2024 final promises a clash of giants

    Spain vs. England

    14 July 2024 - 04:35

All news