The field, which is a considerable gas and condensate field, is situated in the Caspian Sea, 70 kilometres southeast of the capital Baku.

Shah Deniz has produced gas since the end of 2006, and the gas is now being is supplied to customers in Azerbaijan, Georgia and Turkey.

The gas is transported through the South Caucasus Pipeline (SCP). The 690 kilometre long pipeline runs to the border between Georgia and Turkey.

A second phase of the field is currently being developed. This will contribute to a significant increase in the field’s output. The peak production of the first phase of Shah Deniz is estimated to between 8.8 and 9 billion cubic metres, but with the second phase, production will be increased by 16 billion cubic metres.

The field will play an important role in the opening of a new gas corridor to Europe, if gas sales agreements are made with European buyers.