BAKU, Azerbaijan, March 12. Azeri-Chirag-Gunashli (ACG) block and Shah Deniz field in Azerbaijan have produced 218.5 billion cubic meters and 213.6 billion cubic meters of natural gas, respectively, since the commencement of commercial production until March 1, 2024, Trend reports via the country’s energy ministry.
During this period, approximately 151.5 billion cubic meters of gas from the Shah Deniz field were exported.
Simultaneously, the two fields have yielded 632.7 million tons of oil and condensate since the onset of commercial production until March 1, 2024.
The oil production from the Azeri-Chirag-Gunashli block amounted to 587.5 million tons, while the Shah Deniz field produced around 45.2 million tons of condensate. Of this total volume, 630.7 million tons were earmarked for export.
Oil refining activities in Azerbaijan from January through February 2024 approached 1.1 million tons.
Shah Deniz participating interests are: bp (operator – 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%).
The existing Shah Deniz facilities’ production capacity is currently about 77 million standard cubic metres of gas per day or approximately 28 billion standard cubic metres per year.
ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
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