BAKU, Azerbaijan, April 14. Azerbaijan's Azeri-Chirag-Gunashli (ACG) field produced 3.4 billion cubic meters (bcm) of natural gas from January through March 2025.
Data obtained by Trend from the country's Ministry of Energy indicates this figure's growth by 100 million cubic meters (three percent) compared to 3.3 bcm in the same period last year.
As much as 12.6 billion cubic meters of natural gas was produced in the country from January through March this year. Of this amount, 3.4 bcm of gas was produced by ACG, 6.8 bcm by Shah Deniz, 0.4 bcm by the Absheron field, and 2 bcm by SOCAR.
During the reporting period, gas sales abroad hit the ground running at 6 bcm, with 3 bcm making its way to Europe, 2.3 bcm flowing to Türkiye (including 1.4 bcm through TANAP), and 0.7 bcm trickling to Georgia.
The Azeri-Chirag-Deepwater Gunashli (ACG) field, situated approximately 100 km east of Baku, is the largest oilfield in the Azerbaijani portion of the Caspian basin. In 2024, bp and its co-venturers incurred around $535 million in operating expenses and almost $1,293 million in capital expenditures for ACG activities. In 2024, a novel four-dimensional (4D) high-definition ocean bottom node seismic program was initiated on ACG. The initiative, concentrating on the Balakhany and Fasila reservoirs, encompasses an area of 740 square kilometers for sources and 507 square kilometers for receivers, with an estimated total cost of around $370 million and a length of five years (2024-2028). This is bp's largest seismic acquisition commitment globally, encompassing region size, cost, and program duration.