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French Company Discovers Major Gas Deposit In Caspian

The French energy company Total has announced that it has discovered a major natural gas field in Azerbaijan's sector of the Caspian Sea.

The find was made in Azerbaijan's Absheron field some 100 kilometers south of Baku. Total Senior Vice President Marc Blaizot said on September 9 that "the discovery could be very significant in terms of resources."

The deposit started yielding gas at a depth of 6,550 meters and geologists at the site say the gas field could extend for some 270 square kilometers.

compiled from agency reports

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