Middle East Economic Survey


No 34



Socar To Expand Gas Storage Capacity

Rovnaq Abdullayev, President of Azerbaijans state oil and gas firm Socar, told a press conference in Baku on 13 August that the company has started work on a program aimed at more than doubling the countrys gas storage capacity by the end of 2010. He said that Socar is expanding its gas storage capacity to 3 bcm in order to meet demand during the peak winter season: It will optimize the gas balance...