Azerbaijan, Baku, August 26 /Trend, E.Ismayilov/
As a result of conducted events within the project for developing the block of Azeri-Chirag-Guneshli offshore fields, the volume of associated gas flaring hit 2 per cent in Chirag field, according to the message issued by SOCAR (State Oil Company of Azerbaijan) on Monday.
In particular, this result was achieved thanks to the reconstruction of compressors for capturing gas on the platform in Chirag field, as well as improvement of gas receiving system in Oil Rocks field developed by Azneft Association of SOCAR.
"This is the best result in last 20 years," the message noted.
According to the message, this means an annual reduction of the emission of 265,000 tons in carbon dioxide equivalent.
The contract on Azeri-Chirag-Guneshli was signed on September 20, 1994.
Shares in the contract for development of Azeri-Chirag-Guneshli block of fields is distributed as follows: BP (operator in Azeri-Chirag-Guneshli) - 35.78 per cent, Chevron - 11.27 per cent, Inpex - 10.96 per cent, AzACG - 11.65 per cent, Statoil - 8.56 per cent, Exxon - 8 per cent, TPAO - 6.75 per cent, Itochu - 4.3 per cent and ONGC - 2.72 per cent.
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