BAKU, Azerbaijan, Aug.4. In the first half of 2022, Shah Deniz spent around $1,260 million in operating expenditure and around $186 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, Trend reports with reference to bp.
This is while in the first half of 2021, Shah Deniz spent more than $1.14 billion in operating expenditure and around $366 million in capital expenditure. As such the opex rose by 10.5 percent and capex dropped by more than 49 percent.
During the quarter, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to Azerkontrakt), Georgia (to GOGC), Türkiye (to BOTAS), to the BTC Company in multiple locations and to buyers in Europe.
Shah Deniz participating interests are: bp (operator – 29.99%),
LUKOIL (19.99%), TPAO (19.00%), SOCAR (14.35%), NICO (10.00%) and
SGC (6.67%).
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