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New Gas find in the Caspian "a significant event for Azerbaijan"

New Gas find in the Caspian "a significant event for Azerbaijan"

12 September 2011
President Ilham Aliyev has received a delegation led by the Vice-President of Total, Michael Borrell.

Welcoming the delegation led by Vice-President of Total, Michael Borrell, President Ilham Aliyev said the discovery of a major gas field on the Absheron block in the Azerbaijan sector of the Caspian Sea was a significant event for the country, the official website of the president reports. The head of state stressed that the discovery of a new gas field would further strengthen Azerbaijan’s standing among the world’s biggest producers of gas. President Ilham Aliyev said this significant event was further evidence that Azerbaijan’s oil and gas potential was much bigger than what has been proven thus far. The President said the French company Total has been involved in several projects in Azerbaijan for many years and described the discovery of a new gas field as a major achievement. President Ilham Aliyev stressed that Azerbaijan would continue pursuing a consistent and goal-oriented policy to implement its oil and gas strategy.

The Vice-President of Total, Michael Borrell, agreed that the discovery of a major gas field on the Absheron block was an important event. Michael Borrell noted that Total was successfully cooperating with the State Oil Company of Azerbaijan. He provided the head of state with detailed information about the work Total is doing on Absheron. Michael Borrell expressed hope that the cooperation between Total and Azerbaijan would continue to expand and strengthen.

The First Vice-President of State Oil Company of Azerbaijan, Khoshbakht Yusifzadeh, spoke about the technical and economic indicators of the new gas field on Absheron and the work to be carried out in the future.

President Ilham Aliyev congratulated the people of Azerbaijan and everyone involved on the discovery of a major gas field on the Absheron block, and wished further success. The head of state emphasized that the new discovery would reinforce Azerbaijan’s positions in the region and the world, further strengthen the socioeconomic development of the republic and contribute a lot to the prosperity of our people.

Then President Ilham Aliyev made a statement for the press regarding the discovery of a new gas field on the Absheron block.


source:1news.az/news.az

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