Total’s Caspian Gas Discovery

Date: 09-12-2011 | Category: Energy Security, Russia and Eurasia

Total, Europe’s third largest oil company, announced last Friday that they have made a major gas discovery in the Caspian Sea. The discovery, made in the Absheron block off the coast of Azerbaijan, is thought to have large pockets of gas spread over a 270-square-kilometer field and holds about 350 billion cubic meters of natural gas and 45 million metric tons of gas condensate, according to SOCAR, the state oil company of Azerbaijan. By Ariel Cohen and Anton Altman The Heritage Foundation, September 12, 2011 http://blog.heritage.org/2011/09/12/total’s-caspian-gas-discovery/

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