By Leman Zeynalova – Trend:
BAKU, Azerbaijan, Aug.13
In the first half of 2020, the Shah Deniz field produced around 9.4 billion standard cubic metres (bcm) of gas and 1.9 million tonnes (15.4 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms, Trend reports citing BP’s data.
This is while in the first half of 2019, the field produced around 8.4 billion standard cubic metres (bscm) of gas and about 2 million tonnes (14.4 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.
The existing Shah Deniz facilities’ production capacity is currently over 56 million standard cubic metres of gas per day or more than 20 bcma.
During the six months, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS) and to BTC Company in multiple locations.
In the first half of 2020, Shah Deniz spent about $409 million in operating expenditure and $452 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project.
In the first half of 2019, Shah Deniz spent around $376 million in operating expenditure and $555 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project.
Shah Deniz participating interests are: bp (operator – 28.8%), TPAO (19.0%), AzSD (10.0%), SGC Upstream (6.7%), PETRONAS (15.5%), LUKOIL (10.0%) and NICO (10.0%).
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