ECONOMY


2.1 BILLION CUBIC METERS OF ASSOCIATED GAS TO BE DELIVERED BY END OF 2006

Part of the associated gas produced from the CA, WA and now EA platforms continues to be transported via the 28” gas subsea pipeline into the Sangachal Terminal and onward into Azerigas’s national grid system for Azerbaijan’s domestic use.

During the first nine months of 2006 about 750 million standard cubic meters of gas will be delivered from Chirag to Azerbaijan through SOCAR’s gas compression station. In addition, about 1.1 billion standard cubic meters of gas will be delivered from the Sangachal Terminal to Azerbaijan during the same period.

According to the current forecast, in total 2.1 billion cubic meters of associated gas will be delivered to Azerbaijan by the end of this year.

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