BP discloses data on oil and gas exports via Sangachal terminal in 2024

Oil and condensate exports via the Sangachal terminal in 2024 amounted to 225 million barrels, which is 2.2% less than in 2023, Report informs referring to BP Azerbaijan.

"In 2024, oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal terminal.

The daily capacity of the terminal’s processing systems is currently 1.2 million barrels of crude oil and condensate, and about 81 million standard cubic meters of Shah Deniz gas, while overall processing and export capacity for gas, including ACG-associated gas is around 100 million standard cubic meters per day.

During the year, the Sangachal terminal exported about 225 million barrels of oil and condensate. This included about 224 million barrels through Baku-Tbilisi-Ceyhan (BTC) and around 1 million barrels through the Western Route Export Pipeline (WREP).

Gas is exported via the South Caucasus Pipeline (SCP), including the SCP expansion system and via Azerbaijan’s pipelines connecting the terminal’s gas processing facilities with Azerigas’s national grid system.

On average, about 76 million standard cubic meters (about 2,654 million standard cubic feet) of Shah Deniz gas was sent from the terminal daily during the year of 2024," reads the report.

The Sangachal Terminal, located 55 km south of Baku, is one of the most important facilities in Azerbaijan's oil and gas industry. The terminal holds an area of about 550 hectares, making it one of the biggest oil and gas terminals in the world. The terminal is designed to receive, process, store and export oil and gas from all existing offshore fields operated by BP in the Caspian basin, and has potential for expansion.

The terminal includes oil and gas processing facilities, the first pumping station of the Baku-Tbilisi-Ceyhan pipeline, the SCP compressor station, and other facilities.