Capital expenditures for ACG decreased by nearly 15% in 2024

Agshin Rafigoglu
Author

In 2024, BP and its partners spent approximately $535 million in operating expenses and nearly $1.29 billion in capital expenditures on operations at the Azeri-Chirag-Deepwater Gunashli (ACG) fields located in the Azerbaijani sector of the Caspian Sea, Report informs, citing BP-Azerbaijan.

Compared to the results of 2023, ACG operating expenses increased by $31 million or 6.15%, while capital expenditures decreased by $225 million or 14.8%.

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