BAKU, Azerbaijan, July 7. Gas sales from Azerbaijan’s Bahar-Gum Deniz block showed a steady decline from January through May 2025, a source in the oil and gas market told Trend.
According to the source, daily gas sales volumes were as follows:
January – 495,633 cubic meters
February – 479,626 cubic meters (down by ~3.2% from January)
March – 469,531 cubic meters (down by ~2.1% from February)
April – 449,274 cubic meters (down by ~4.3% from March)
May – 431,586 cubic meters (down by ~3.9% from April)
Overall, gas sales volumes decreased by approximately 12.9% over the five-month period.
The Bahar Project is located south of the Absheron Peninsula and a few kilometers to the east of Baku. It comprises producing oil and gas fields lying offshore Azerbaijan in the shallow waters (up to 10 meters deep) of the Caspian Sea.
Greenfields Petroleum Corporation, through its wholly owned subsidiary Bahar Energy Limited (BEL), owns an 80 percent interest in the Exploration, Rehabilitation, Development and Production Sharing Agreement with SOCAR and its affiliate SOCAR Oil Affiliate in respect of the offshore block known as Bahar-Gum Deniz (the Bahar Project), which consist of a Contract Rehabilitation Area including the Bahar Gas Field and the Gum Deniz Oil Field and an Exploration Area.
