Pres­i­dent: Azer­bai­jan will sup­ply it­self, many other coun­tries with nat­u­ral gas for at least 100 years

Azer News - - Front Page - By Amina Nazarli

Khank­endi – a new flag­ship ves­sel specif­i­cally de­signed and built to in­stall the big­gest sub­sea pro­duc­tion sys­tem in the Caspian Sea as part of the Shah Deniz Stage 2 project, has been launched in Baku.

Pres­i­dent Il­ham Aliyev, who at­tended the of­fi­cial launch cer­e­mony on Septem­ber 6, stressed that con­struc­tion of the Khank­endi ves­sel demon­strates Azer­bai­jan’s power.

Pres­i­dent Aliyev fur­ther pointed out that the com­mis­sion­ing of the Khank­endi ves­sel is a his­toric event, em­pha­siz­ing sat­is­fac­tion with the fact that this big ves­sel was built in Azer­bai­jan, in Baku, and was named Khank­endi, what bears great sig­nif­i­cance.

Khank­endi city is lo­cated in Azer­bai­jan’s Nagorno-Karabakh re­gion oc­cu­pied by Ar­me­nian in­vaders for more than two decades.

“Khank­endi is our an­cient city, and the name of Khank­endi is very dear to us. It is no co­in­ci­dence that the ves­sel, meet­ing unique world stan­dards, was given ex­actly this name. Con­struc­tion of this ves­sel demon­strates the power of our coun­try and shows that any big con­struc­tion work can be car­ried out in Azer­bai­jan to­day,” Pres­i­dent Aliyev said.

Built by Baku Ship­yard, a joint ven­ture of SOCAR, the Azer­bai­jan In­vest­ment Company (AIC) and Kep­pel O&M, un­der an or­der by BP Azer­bai­jan, the ves­sel is worth about $400 mil­lion.

The ves­sel is 155 meters in length and 32 meters in width with 2,000 square me­tres of deck space. It has a to­tal weight of 17,600 tonnes, a car­ry­ing ca­pac­ity of 5,000 met­ric tonnes at 6.5 me­tres draft and two en­gine rooms with 6 x 4.4MW and 2 x 3.2MW gen­er­a­tors.

The ves­sel has a max­i­mum ca­pac­ity of 175 peo­ple on board, in­clud­ing the marine crew and dis­ci­pline spe­cial­ists. The per­son­nel in­clude both Azer­bai­jani na­tion­als and ex­pa­tri­ates with plans for ex­ten­sive train­ing, lead­ing to the full na­tion­al­i­sa­tion of the staff.

Prais­ing the de­ci­sion on es­tab­lish­ment of the ship­yard, Pres­i­dent Aliyev said that the con­struc­tion of this ves­sel also means that the de­ci­sion taken at one time to build a ship­yard was cor­rect. “At that time, when tak­ing this de­ci­sion, we pur­sued this goal ex­actly – to en­sure that Azer­bai­jan can build any type of ves­sel.”

The con­struc­tion of this ves­sel also shows that there is no such a ves­sel that could not be built at the ship­yard, Pres­i­dent Aliyev said, adding that cur­rently, four new ves­sels – two fer­ries and two tankers – are be­ing built.

“Ser­vices of this ves­sel in de­vel­op­ment of the Shah Deniz gas field will be in­dis­pens­able. Ac­cord­ing to the in­for­ma­tion given to me to­day, there are only 10 ves­sels of this type in the world. One of them is in Azer­bai­jan, built in Azer­bai­jan, and the crew of this ves­sel mostly con­sists of Azer­bai­jani spe­cial­ists. That is, train­ings and prepara­tory work were con­ducted when build­ing this ves­sel, and to­day, both the cap­tain of the ves­sel and most of his crew are lo­cal staff.”

Stress­ing that the de­vel­op­ment of the Shah Deniz field is a strate­gic project for Azer­bai­jan, the Pres­i­dent added that prepara­tory work on the project has been com­pleted by 96 per­cent.

“It can be said that this project is al­ready im­ple­mented. It is im­pos­si­ble to use Shah Deniz at great ef­fi­ciency with­out this [Khank­endi] ves­sel. We carry out all this work con­sis­tently. In­vest­ments were made and cor­rect work with for­eign part­ners was or­ga­nized. Plat­forms, float­ing units, such big ves­sels, and the San­gachal ter­mi­nal, as well as oil and gas pipe­lines are be­ing built in Azer­bai­jan.”

The head of state fur­ther said that ma­jor in­vest­ments were made in a com­pre­hen­sive, well-thoughtout and planned way in the oil and gas sec­tor of Azer­bai­jan, the re­sults make its pres­ence felt.

“I want to note the joint ac­tiv­i­ties of BP and SOCAR. As a re­sult of this co­op­er­a­tion, his­toric achieve­ments in Azer­bai­jan’s oil and gas sec­tor are al­ready a re­al­ity,” he said.

The pres­i­dent also com­mended the ac­tiv­i­ties of the Azer­bai­jan Caspian Ship­ping Company, which ac­tiv­i­ties meet in­ter­na­tional stan­dards. The company al­ready op­er­ates with profit and pays big taxes to the bud­get.

Touch­ing upon the Shah Deniz field, Il­ham Aliyev noted that its gas re­serves amount to at least 1.2 tril­lion cu­bic meters.

“This is one of the largest gas fields in the world. Over­all, our gas re­serves amount to 2.6 tril­lion cu­bic meters. That means Azer­bai­jan will pro­vide it­self and many coun­tries with nat­u­ral gas for at least 100 years.”

Gas vol­umes in the Shah Deniz reser­voirs are so vast that they will not only meet the needs of Azer­bai­jan and its re­gional neigh­bors, but pro­vide sig­nif­i­cant sup­plies to Europe. Of the in­cre­men­tal 16bcma of gas that the full field will pro­duce, 10bcma will be trans­ported to mar­kets west of Turkey. With a five-year ex­ten­sion to the orig­i­nal PSA signed last year, Shah Deniz will pro­duce nat­u­ral gas un­til at least 2036.

Pres­i­dent Aliyev also in­formed about the plans on sign­ing a new con­tract on de­vel­op­ment of the Az­eri-Chi­rag-Gu­nashli (ACG) block of oil and gas fields in a few days.

“We will pro­long our ac­tiv­ity at this field un­til 2050. This once again demon­strates that Azer­bai­jan has very big oil re­serves,” noted the Pres­i­dent.

The ACG is a su­per-gi­ant field lo­cated about 100 km east of Baku. It is the big­gest pro­duc­ing oil field in the Caspian Sea and cov­ers an area of more than 432 square kilo­me­ters. The field lies in wa­ter depths of be­tween 120 and 170 me­tres. The depth of the reser­voir is 2,0003,500 me­tres.

The head of state added that pro­duc­tion at the ACG started in 1997 and af­ter 20 years a new con­tract is be­ing signed, un­der which, oil will be pro­duced in a suf­fi­cient vol­ume from Az­eri-Chi­rag-Gu­nashli un­til 2050.

This is a re­sponse to neg­a­tive and prej­u­diced opin­ions, the pres­i­dent noted, adding this also demon­strates that Azer­bai­jan has a very big en­ergy po­ten­tial.

Pres­i­dent Il­ham Aliyev at­tended launch of Khank­endi sub­sea con­struc­tion ves­sel.

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