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
12:20
Photo
Azerbaijan, Albania discuss joint tourism initiatives
Tourism
12:14
Minister: Efficient resource use key for Azerbaijan's agriculture sector
AIC
12:13
Finance Ministry: Changes in oil prices may affect Azerbaijan's State Oil Fund assets by up to $1.8B
Finance
12:09
Photo
Azerbaijan, Kazakhstan and Uzbekistan discuss stronger rail and transit links
Infrastructure
12:03
Azerbaijan's population grows 0.2% since January
Domestic policy
12:01
Photo
Azerbaijan Central Bank discusses cooperation with ADCB and UBS Asset Management
Finance
12:00
Emin Amrullayev: Azerbaijan, Uzbekistan successfully exchanging experience in education
Education and science
11:56
Baku International Book Fair to bring together participants from 30 countries
Cultural policy
11:54
Karabakh University interested in cooperating with leading universities in Uzbekistan
Education and science