French energy giant TotalEnergies has announced plans to commence phase two production at Azerbaijan’s Absheron gas field in 2029, signaling a significant step forward in the development of the Caspian region’s hydrocarbon resources. According to Reuters, the move is expected to bolster Azerbaijan’s natural gas output and strengthen energy ties between Europe and the Caspian basin amid growing demand for diversified gas supplies. The project, which lies offshore in the Caspian Sea, represents a key component of TotalEnergies’ long-term strategy to expand its footprint in emerging energy markets.
TotalEnergies to Expand Production at Absheron Gas Field by 2029
TotalEnergies has announced plans to ramp up operations at the Absheron gas field located off the coast of Azerbaijan, targeting the start of the second phase by 2029. This move is expected to significantly boost the region’s natural gas output, reaffirming the company’s commitment to expanding its footprint…
—-
Author : Caleb Wilson
Publish date : 2026-03-17 22:10:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8
