Associated gas flaring at Azeri-Chirag-Guneshli decreases twofold

Oil&Gas Materials 14 November 2013 13:31 (UTC +04:00)

Baku, Azerbaijan, Nov. 14

By Emin Aliyev - Trend: In first nine monthsof this year, British BP which is the operator of development at the Azeri-Chirag-Guneshli fields block in the Azerbaijani sector of the Caspian Sea, transferred some 1.62 billion cubic meters of associated gas to the Azerbaijani State Oil Company (SOCAR), the BP report said.

Associated gas within the development of Azeri-Chirag-Guneshli is transferred to SOCAR free of charge.

According to the report, on average about 5.9 million cubic meters of gas was transferred to SOCAR per day. The planned volume of gas transfer for 2013 is 1.24 billion cubic meters.

The report said the company managed to decrease the volume of associated gas flaring significantly. Currently this figure is 2.9 per cent which is 41 per cent less than in 2012. The volume of gas utilisation hit 98 per cent.

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.