Azerbaijan, Baku, July 16 / Trend /
Oil production amounted to 21,1 million tons within the project to develop Azeri-Chirag-Guneshli fields in Azerbaijan during six months, or 2.8 percent more than the same period of last year, the State Statistics Committee said.
Participants of the project are BP (operator - 34.1367 percent of share holding), Chevron (10.2814 percent), SOCAR (10 percent), INPEX (10 percent), Statoil (8.5633 percent), ExxonMobil (8.006 percent), TPAO (6.75 percent), Devon Energy (5.6262 percent), Itochu (3.9205 percent), Delta Hess (2.7213 percent).
Gas produced from Shah Deniz field, is transported to Georgia and Turkey. Azerbaijan gets part within the project.
Shah Deniz field's reserves are estimated at 1.2 trillion cubic meters of gas.
The contract to develop the offshore field Shah Deniz was signed June 4, 1996. Members of the agreement are: BP (operator) - 25,5 percent, Statoil - 25,5 percent, NICO - 10 percent, Total - 10 percent, LUKOIL - 10 percent, TPAO - 9 percent, SOCAR - 10 percent.