BAKU, Azerbaijan, Nov.16
By Leman Zeynalova – Trend:
In the first three quarters of 2020, Shah Deniz spent about $620 million in operating expenditure and $719 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, Trend reports with reference to BP Azerbaijan.
This is while in the first three quarters of 2019, Shah Deniz spent around $481 million in operating expenditure and $818 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project.
During the third quarter, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS) and to BTC Company in multiple locations.
The existing Shah Deniz facilities’ production capacity is currently over 56 million standard cubic metres of gas per day or more than 20 bcma.
Shah Deniz participating interests are: BP (operator – 28.8%), TPAO (19.0%), AzSD (10.0%), SGC Upstream (6.7%), PETRONAS (15.5%), LUKOIL (10.0%) and NICO (10.0%).
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