AZERBAIJAN OIL CONTRACTS ON THE VERGE OF THE NEW CENTURY


By Eldar Nagiyev technical editor of Caspian Energy journal


In survey article present results of activity of all foreign petroleum consortiums in Azerbaijan in the period since 1994 for 2000 .


…Since 1994 to 2000 it has been signed 21 oil contracts in Azerbaijan, of which only two - agreements have not been approved…



Interview of Minister of Foreign Affairs of Azerbaijan republic Mr. Vilayat Guliyev


Highlights 2000: Azerbaijan’s admission to the Council of Europe and the Millenium in New York


…Azeries were the first amid Muslim population of the Russian Imperia who established newspaper, were amid those who first set up National Theatre, established schools alike western ones, at length, it is non-randomness that the first democratic state in the Muslim East was formed in Azerbaijan, our country…




PETROLEUM REFINING AND PETROCHEMISTRY INDUSTRY OF AZERBAIJAN


Rasim Dadashev – head of Oil and Chemistry Department of Cabinet of Ministers of Azerbaijan

In article briefly described history of oil refining and petrochemical complexes in Azerbaijan, their present condition and perspective plans of their development


…At the moment, modern, high-capacity, fully automated facilities on primary oil treatment able to process 2m to 6m tones, catalytic reduction of gasoline, hydro purification of oils, catalytic cracker, carbonization of raw materials…


…Proposals of a number of foreign companies on setting up polypropylene and PVC production, building of facilities for production of benzol, ethylbenzene, styrene, and polystyrene are under consideration. The issues on creation in Azerbaijan of the enterprises to produce nitric fertilizers (ammonia, urea)…



WE WILL DEVELOP ECONOMY OF OUR COUNTRY


Rakman Gurbanov – Director General of "Offshore Oil&Gas Production" PA

In article are described a history and mdern cndition of develoopment of sea oil fields of Azerbaijan


…The Caspian Sea is one of the world’s richest basins on its oil and gas reserves. As a result of surveys carried out over past years, it was found that the total amount of petroleum reserves per meter of drilling is 467 tons…



STATISTICS OF OIL AND GAS PRODUCTION IN THE CASPIAN REGION


THEME: ALL OIL&GAS INDUSTRY of the COUNTRIES of CASPIAN REGION SHOWN in FIGURES


In 2001 it is planned to produce 15.1 mln tons of oil in Azerbaijan, 9 mln out of which will be produced by SOCAR and 6.1 mln - by AIOC. As to gas production, according to the forecasts about 6.2bn cub. m of gas will be produced in the republic: SOCAR's share is estimated at 5.1bn cub. m, Chirag will produce 1.1bn cub. m of gas.



Prospects of further development of old offshore fields of Azerbaijan and their rehabilitation


Akif A. Narimanov Deputy General Manager, Chief Geologist of Offshore Oil and Gas Production Association

Exploration in the Azeri section of the Caspian Sea has found 28 oil and gas fields. At present 18 of those are under development. The fields differ from each other in a number of criteria such as start up of the development, reserves utilisation, reservoir pressure, water flaoding factor, daily oil production rate, annual oil production history as well as well stock and their technical conditions. Majority of the fields under development are characterized by complex geological structure and high depth of productive horizons.



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