Production on Azerbaijani large gas and condensate field fully re-established
Azerbaijan, Baku, September 28 / corr. Trend E. Ismailov /
Production on Azerbaijani gas and condensate Shah Deniz field, stopped because of scheduled repair, was completely re-established, a government source said on Sept. 25. Along with stopping production, the supply of gas through the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) was also suspended.
Necessary equipment was installed on the producing platform within the scheduled work.
Before stopping, the production on the field was realized from four wells. One well is in non-operational condition.
The forecast for this year on gas production on Shah Deniz is 7.2 billion cubic meters, whereas earlier BP Company (operator of the project) forecasted production at 7.7 billion cubic meters. According to the SOCAR official, the peak production (8.6-9 billion cubic meters) on the field will be achieved next year.
Before stopping, the daily production on the field amounted to 14-15 million cubic meters. Gas transported by South Caucasus Pipeline to Turkey and Georgia. During the summer, Azerbaijan did not receive gas from Shah Deniz.
The contract to develop the offshore Shah Deniz field was signed on June 4, 1996. Participants to the agreement are: BP (operator) - 25.5 percent, Statoil Hydro - 25.5 percent, NICO - 10 percent, Total - 10 percent, LukAgip - 10 percent, TPAO - 9 percent, SOCAR - 10 percent.
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