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bp discloses volume of production from Shah Deniz

Oil&Gas Materials 3 August 2023 13:16 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, Aug.3. In the first half of 2023, the Shah Deniz field produced about 13 billion standard cubic metres of gas and more than 2 million tonnes (about 18 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms, remaining unchanged year-on-year, Trend reports via bp.

The existing Shah Deniz facilities’ production capacity is currently about 72.6 million standard cubic metres of gas per day or approximately 26.5 billion standard cubic metres per year.

During the first six months, the Shah Deniz field continued to provide gas to markets in Azerbaijan (to Azerkontrakt), Georgia (to GOGC), Türkiye (to BOTAS), BTC in multiple locations and to buyers in Europe.

In the first half of 2023, bp and its co-venturers spent around $1,208 million in operating expenditure and around $408 million in capital expenditure on Shah Deniz activities, the majority of which was associated with the Shah Deniz 2 project.

Shah Deniz participating interests are: bp (operator – 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%).

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