TotalEnergies Greenlights Full Development of Caspian Absheron Gas Field
TotalEnergies and partners SOCAR and XRG have made a final investment decision to fully develop the Absheron gas and condensate field in the Caspian Sea. The expansion will raise output to 6 billion cubic meters of gas and 47,000 barrels of condensate per day, with startup expected in 2029. The project is designed with electrified onshore facilities and subsea wells to keep greenhouse gas intensity below 4 kg CO2e per barrel of oil equivalent.
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TotalEnergies operates Absheron with 35%, alongside SOCAR (35%) and
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