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ВР Azerbaijan reports on EITI

Oil&Gas Materials 25 August 2009 21:27 (UTC +04:00)

Azerbaijan, Baku, August 25 / Trend /

BP Azerbaijan, the largest foreign operator of oil and gas fields in Azerbaijan, published a report on the Extractive Industries Transparency Initiative (EITI).

Summary table for 2007-2008:

2007

2008

Cost

Volume

Cost

Volume

Mln USD

Oil mln b.o.e

Gas  cu.m

Mln USD

Oil  mln b.o.e

Gas  cu.m

BP's payments to government

- naturally (SOFAR)

- in cash

0,615 (a)

10,36

33,448 (a)

51,283

Profit tax

799,735

797,721

Bonuses on contracts and other bonuses

12,75

0,845

Other payments:

- tariff for transportation (SOFAR)

- per acre payments (SOFAR)

0,000

0,45

0,025

0,9

Other payments:

- transport tariffs (SOCAR)

- associated gas (SOCAR)

0,277

2295332

277863

- b

1967495

330355

a - payment for gas from Shah Deniz field.

b - tariff for oil transportation via Baku-Novorossiysk pipeline, paid to SOCAR as a commercial structure.

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