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Gas deliveries from ACG to SOCAR to go down

Oil&Gas Materials 27 July 2020 17:05
Gas deliveries from ACG to SOCAR to go down

BAKU, Azerbaijan, July 27

By Leman Zeynalova - Trend:

It is expected that the gas volumes that will be transferred to Azerbaijan’s state oil company SOCAR from Azeri-Chirag-Gunashli (ACG) block of oil fields will be at least halved in comparison with the previous three years as more associated gas will be needed for reinjection to maintain the oil production level steady, Trend reports with reference to the the book titled “The Southern Gas Corridor and its importance for South-East Europe”.

Year

Volume (billion cubic meters)

2009

4.0

2010

3.4

2011

3.3

2012

3.4

2013

2.2

2014

2.8

2015

3.2

2016

2.8

2017

2.9

2018

2.3

2019 (estimated)

2.7

2020 (e)

2.6

2021 (e)

2

2022 (e)

2

2023 (e)

1.6

2024 (e)

1.4

2025 (e)

0.6

2026 (e)

0.9

2027 (e)

0.8

2028 (e)

0.9

2029 (e)

0.6

2030 (e)

0.5

ACG currently has eight offshore platforms: six production platforms - Central, West and East Azeri, Deepwater Gunashli, Chirag and West Chirag, and two process, gas compression, water injection and utilities platforms.

At the end of 2019, a total of 125 oil wells were producing, and 46 wells were used for water and seven for gas injection. A total of 10 oil producer and one water injector wells were completed during the year.

Follow the author on Twitter: @Lyaman_Zeyn

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