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Azerbaijan discloses volumes of gas exported from Shah-Deniz field

Oil&Gas Materials 9 July 2020 15:09
Azerbaijan discloses volumes of gas exported from Shah-Deniz field

BAKU, Azerbaijan, July 9

By Nargiz Ismayilova – Trend:

Some 83.5 billion cubic meters of gas were exported from the Azerbaijani Shah Deniz gas condensate field since the moment of commissioning until July 1, Trend reports on July 9 referring to the Azerbaijani Ministry of Energy.

In accordance with the data, part of the produced gas (33.6 percent) in the volume of 6.5 billion cubic meters was supplied for export in the first half of this year, which is 16.9 percent more than from January through June 2019.

Some 1.3 billion cubic meters of gas were exported to Georgia.

In total, 297.5 billion cubic meters of gas were produced from the date of commissioning until July 1 from Azeri-Chirag-Gunashli block of fields (ACG) and Shah-Deniz fields.

The Shah Deniz field was discovered in 1999. It is located 70 kilometers from the coast at the depths from 50 meters to 600 meters.

The contract for the development of the Shah Deniz offshore field was signed on June 4, 1996.

The proved reserves of the field reach 1.2 trillion cubic meters of gas and 240 million tons of condensate.

The shareholders in the contract are: BP, operator (28.8 percent), AzSD (10 percent), SGC Upstream (6.7 percent), Petronas (15.5 percent), Lukoil (10 percent), NIOC (10 percent) and TPAO (19 percent).

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