Republic of Azerbaijan – Its Natural Gas Resources
Azerbaijan, officially the Republic of Azerbaijan could be the most significant region while in the Caucasus area of Eurasia. Positioned at the crossroads of Western Asia and Eastern Europe, it is bounded because of the Caspian Sea on the east, Russia to your north, Georgia for the northwest, Armenia on the west, and Iran on the south.
The Azerbaijan Democratic Republic, the very first democratic and secular republic while in the Muslim world, was set up in 1918, but was integrated into your Soviet Union in 1920. Azerbaijan regained independence in 1991. Soon thereafter, in the course of the Nagorno-Karabakh War, neighbouring Armenia occupied Nagorno-Karabakh, its adjoining territories along with the enclaves of Karki, Yukhary Askipara, Barkhudarly and Sofulu. The Nagorno-Karabakh Republic, which emerged in Nagorno-Karabakh, continues for being not diplomatically regarded by any nation and also the region remains to be viewed as a de jure element of Azerbaijan, inspite of currently being de facto independent due to the fact the conclude from the war.
Shah Deniz Gas field will be the most significant normal fuel subject in Azerbaijan. It is actually situated while in the South Caspian Sea, off the coast of Azerbaijan. The discipline covers somewhere around 860 square kilometres (330 sq mi). The Shah Deniz gasoline and condensate discipline was discovered in 1999. It is actually to bring gas into Europe without possessing to traverse countries like Russia or Iran, deemed to be politically unreliable by some so as to advertise their projected Nabucco pipeline.
The Shah Deniz scheme started to generate fuel for the conclusion of December 2006, a few months later than expected, but was compelled to shut briefly in January 2007. Azerbaijan then declared the area had resumed output only to admit that it had been pressured to shut down for the handful of weeks due to get started on up technical concerns.The shutdown forced Georgia to purchase emergency gas materials from Russia at a market place price. Georgia hoped that manufacturing from Shah Deniz will permit the nation to minimize its electricity – and political – dependence on Russia
Umid gas field may be the second greatest purely natural gas discipline in Azerbaijan. It can be situated inside South Caspian Sea, off the coast of Azerbaijan.
Umid gas is often a element of a block formerly consisting of Umid and Babek fields. The geophysical functions at Umid begun in 1953 which had been repeated in 1972. A overall of 9 wells ended up drilled in the area from 1977 to 1992, nevertheless no commercially viable fields ended up found for the time. In 2009, SOCAR financed the exploration operates at Umid by itself.
SOCAR leadership estimates that with additional drilling, the overall reserves at Umid are very likely to reach 300 bcm when people of Babek field lying under Umid will accomplish 600 bcm. Drilling at Babek may also be performed by SOCAR.
The issue of building of new gas pipelines, besides the Baku-Tbilisi-Erzurum gas pipeline may possibly be raised in such developments. BP-Azerbaijan president Rashid Javanshir has already mentioned that inside the framework of Stage-2 they’re arranging the parallel development of a further fuel pipeline instead compared to growth from the Baku-Tbilisi-Erzurum fuel pipeline. He didn’t specify the information of this challenge, but I can suggest that with two export pipelines inside western course, whose potential could be brought to 30bn cubic meters, they’re able to present their companies to other parties likewise.
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