During the first quarter, Azerbaijan International Operating Company (AIOC) delivered an average of 11.6 million cubic metres per day of ACG associated gas to SOCAR (1 billion cubic metres in total), primarily at the Sangachal Terminal but also SOCAR’s Oil Rocks facility, up 42.8% in comparison to a year earlier, Report informs, referring to BP-Azerbaijan.
The remainder of the associated gas produced was re-injected for reservoir pressure maintenance.
AIOC was established in 1995.
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%).