bp-Azerbaijan increases capital expenditure on Shah Deniz field by nearly 93%
Energy
- 12 February, 2024
- 11:56
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2023, bp and its co-venturers spent around $2,194 million in operating expenditure (-$87 million, or 3.82%) and around $892 million (+$429 million, or 92.7%) in capital expenditure on Shah Deniz activities, the majority of which was associated with the Shah Deniz 2 project, Report informs, citing bp-Azerbaijan.
Shah Deniz participating interests are: bp (operator: 29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%), and NICO (10.00%).
Latest News
04:49
Video
Hikmat Hajiyev shares post about documentary on history of Germans in Azerbaijan
Cultural policy
04:39
Five years pass since liberation of Khudafarin bridge from occupation
Domestic policy
04:34
Azerbaijan marks 35th anniversary of restored independence
Domestic policy
18:00
AI rapidly improving, could vastly boost US GDP, Anthropic's Clark tells policymakers
Other countries
17:55
'Choice now rests with US,' Iran's Araghchi says on peace negotiations
Other countries
17:33
Egypt's Sisi says his presidency will end in 2030
Other countries
17:14
Ramin Mammadov mulls Azerbaijan's experience in tolerance sphere while in US
Foreign policy
16:50
Hacker gets data on millions of California students
Other countries
16:29
Photo
Gunel Badalova elected Vice President of International Ski Mountaineering Federation
Individual sports