BAKU, Azerbaijan, Oct.25
By Leman Zeynalova – Trend:
Revenues of the State Oil Fund of Azerbaijan (SOFAZ) from Azeri-Chirag-Gunashli (ACG) block of fields in the Azerbaijani sector of the Caspian Sea from January through September 2021 stood at $3.967 billion, Trend reports with reference to the Fund.
Total revenues from ACG since 2001 as of October 1, 2021 amounted to $153.372 billion.
Revenues from Shah Deniz gas and condensate sale from January through September 2021 are estimated at $329.131 million, including, $109.089 million from condensate sale.
Total revenues from Shah Deniz gas and condensate sale since 2007 as of October 1, 2021 stood at $3.996 billion.
BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.
ACG participating interests are: bp (30.37 percent), SOCAR (25.0 percent), MOL (replaced Chevron as of 16 April 2020 (9.57 percent), INPEX (9.31 percent), Equinor (7.27 percent), ExxonMobil (6.79 percent), TPAO (5.73 percent), ITOCHU (3.65 percent), ONGC Videsh Limited (OVL) (2.31 percent).
Shah Deniz participating interests are: bp (operator – 28.8 percent), TPAO (19.0 percent), PETRONAS (15.5 percent), AzSD (10.0 percent), LUKOIL (10.0 percent), NICO (10.0 percent) and SGC Upstream (6.7 percent).
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