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BP interested in natural gas extraction at ACG field

Oil&Gas Materials 19 April 2006 19:54 (UTC +04:00)

BP is interested in natural gas extraction at the Azeri-Chirag-Guneshli (ACG) field, the BP Azerbaijan president, David Woodward told Trend.

The natural gas deposits at the field are evaluated in several billion of square meters.

He stated that there is a necessity to sign the free-laying gas extraction at ACG agreement as Azerbaijan has a need in gas. If we could accelerate that, we could get the natural gas from ACG earlier than from Shah-Deniz, he said.

BP is also interested in the new structure, located near the ACG field. There is a probability to unite this structure and ACG in future, Woodward said. Besides, there is another marine structure near the Absheron peninsula which is of interest for BP. Talks are held in that direction now, he concluded.

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