Azerbaijan’s state energy company SOCAR is working with France’s Total on the development of the Caspian natural gas field of Absheron, SOCAR President Rovnaq Abdullayev said.
A final investment decision on Absheron will be made soon, Abdullayev said.
The SOCAR president said Total, which leads the project with 40 percent, is drawing up a development project for Absheron, estimated to hold 400 bcm of natural gas.
Partners in the project also include SOCAR and Suez GDF.
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