BAKU, Azerbaijan, February 12. On average, 71 million standard cubic metres (about 2,515 million standard cubic feet) of Shah Deniz gas was sent from the Sangachal terminal daily during the year of 2023, as compared to 68 million standard cubic metres (about 2,416 million standard cubic feet), Trend reports via bp.
As such, the gas deliveries rose by 4.4 percent year-on-year.
The daily capacity of the terminal’s processing systems is currently 1.2 million barrels of crude oil and condensate, and about 81 million standard cubic metres of Shah Deniz gas, while overall processing and export capacity for gas, including ACG associated gas is around 100 million standard cubic metres per day.
Gas is exported via the South Caucasus Pipeline (SCP), including the SCP expansion system and via Azerbaijan’s pipelines connecting the terminal’s gas processing facilities with Azerigas’s national grid system.
Shah Deniz participating interests are: bp (operator – 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%).
In 2023, bp and its co-venturers spent around $2,194 million in operating expenditure and around $892 million in capital expenditure on Shah Deniz activities, the majority of which was associated with the Shah Deniz 2 project.
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