The head of the project said that the development program was to be presented in September, but may be delayed:"This is due to some research and technical matters."
According to him, the decision was made to establish a joint venture to develop the field with the participation of the State Oil Company of Azerbaijan (SOCAR):"It is going to be a partnership on a "No profit, no loss".The company will prepare a program for the development of the field "Absheron".
E.Meyer announced that the first well will be drilled in 2017.
E.Meyer said that, the first gas from the field is expected to produce in late 2021 - early 2022. "Gas exports also planned at the same time".
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