Conoco planning on Shah-Daniz gas

President of Conoco Eurasia Mr. Martin Lockley thinks the gas to be produced from Shah-Daniz field will positively affect the work of the liquefied gas terminal in Batumi. According to him, a very small quantity of Kazakh and Turkmen gas is being exported from the terminal and the Shah-Daniz gas will enable a full workload of the facility.

Under the protocol signed between SOCAR and Conoco in 1997, the company is to the study the gas industry development program and the investment volume necessary. Based on the results of the survey, Mr. Lockley concluded that there are good opportunities in Azerbaijan for gas industry development.*