VOL. XLVI

No 12

24-March-2003

CASPIAN

JAOC Says Offshore Azerbaijan Gas Discovery Not Commercial

The Japan Azerbaijan Operating Company (JAOC) announced on 17 March that the gas discovery it announced last month in the offshore Ateshgyakh field is not large enough to warrant commercial development (MEES, 24 February). The announcement is the latest in a series of disappointing well results from drilling offshore Azerbaijan. JAOC is not expected to drill any further wells in its Yanan Tava...