...

Azeri-Chirag-Gunashli associated gas deliveries to SOCAR soar

Oil&Gas Materials 4 November 2021 17:15 (UTC +04:00)

BAKU, Azerbaijan, Nov.4

By Leman Zeynalova – Trend:

During the three quarters, the Azeri-Chirag-Gunashli (ACG) delivered an average of 8 million cubic metres per day of ACG associated gas to Azerbaijan’s state oil company SOCAR (2.2 billion cubic metres in total), primarily at the Sangachal terminal but also to SOCAR’s Oil Rocks facility, Trend reports with reference to bp.

This is while in the same period of 2020, this figure stood at 6 million cubic metres per day (1.6 billion cubic metres in total). As such the volume of ACG associated gas deliveries to SOCAR grew by 33.3 percent year-on-year.

The remainder of the associated gas produced was re-injected for reservoir pressure maintenance.

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%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.31%).

---

Follow the author on Twitter: @Lyaman_Zeyn

Tags:
Latest

Latest