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Volume of oil production from ACG and Shah Deniz fields announced

Oil&Gas Materials 17 October 2020 18:44 (UTC +04:00)
Volume of oil production from ACG and Shah Deniz fields announced

BAKU, Azerbaijan, Oct.17

By Fidan Babayeva - Trend:

Since the commissioning of the Azeri-Chirag-Guneshli and Shah Deniz fields until October 1, a total of 547.6 million tons of oil (together with condensate) have been produced, Trend reported with reference to the Azerbaijani Energy Ministry.

According to the data, 518.2 million tons of condensate were produced from the ACG field and 29.4 million tons of condensate from Shah Deniz.

Since the commissioning of the Azeri-Chirag-Guneshli and Shah Deniz fields until October 1, 2020, 547 million tons of oil (together with condensate) have been exported.

During this period, 173.7 billion cubic meters of gas were produced from Azeri-Chirag-Guneshli and 130.1 billion cubic meters of gas from Shah Deniz.

"Since the commissioning of the Shah Deniz field until October 1 of this year, 86.5 billion cubic meters of gas have been exported," the information says.

Oil supplies to the country in the first nine months of 2020 amounted to 4.347 million tons.

Meanwhile, in the third quarter of this year, the State Oil Company of Azerbaijan (SOCAR) carried out over 11,000 meters of drilling.

At the same time, SOCAR processed about 1.3 million tons of oil, over 827 million cubic meters of natural gas.

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Follow the author on Twitter: @Fidan_Babaeva

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