Baku 16° C
Capital expenditure on ACG drops in Q12024
Energy
- 10 May, 2024
- 10:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
In the first quarter of 2024, BP and its co-venturers spent about $347 million in capital expenditure on Azeri-Chirag-Deepwater Gunashli (ACG) activities, down $25 million, or 6.72%, from the corresponding period of last year, Report informs, citing BP-Azerbaijan.
Operating expenditures amounted to $115 million, the same as in the previous year.
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%), and ONGCVidesh (2.31%).
Author
Bu il AÇG üzrə əsaslı xərclər 7 %-ə yaxın azalıb
В этом году капитальные затраты на АЧГ сократились почти на 7%
Latest News
10:16
Theresa Lünnemann: Azerbaijan-Germany Business Council preparing for inaugural meeting
Business
10:08
Algeria invites Azerbaijani energy companies to bid in 2026 hydrocarbon tender
Energy
10:05
Video
Ilham Aliyev addressing opening of 7th World Forum on Intercultural Dialogue in Baku
Other
10:02
Nargis Wieck: Demand for food processing equipment growing in Azerbaijan
Business
09:58
Azeri Light crude sells for $127.6 per barrel
Energy
09:41
Japan mulls registration of foreign agents under new anti-espionage law
Other countries
09:32
CBA currency exchange rates (27.10.2026)
Finance
09:23
Key indicators of world commodity, stock, and currency markets (27.10.2026)
Finance
09:16
World Championships: Two Azerbaijani women wrestlers to begin competition
Individual sports