TotalEnergies takes FID on Absheron full-field development in Azerbaijan, targets 6 BCMA gas output
Bitget2026/09/26 11:38- TotalEnergies took FID with SOCAR, XRG for Absheron full-field development in Azerbaijan’s Caspian Sea; TotalEnergies holds 35% and operates.
- Project lifts Absheron production to 6 BCMA of gas, 47,000 bpd of condensate; start-up targeted for 2029.
- Gas slated for Azerbaijan’s domestic market, exports to Turkey via existing links into the European gas market.
- Field holds about 140 billion cubic meters of recoverable gas; first phase started in 2023 at 1.5 BCMA.
- Development designed for low emissions; scope 1 and 2 intensity below 4 kg CO2e/boe.
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