Gas production at Shah Deniz up by 8%

During the year, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS), and to BTC Company in multiple locations, Report informs, citing the statement of the operator of the block of fields – BP Azerbaijan and partners.

In 2020, the field produced around 18.1 billion standard cubic meters (bcm) of gas and 3.6 million tonnes (29 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.

The production capacity of existing Shah Deniz facilities is currently over 56 million standard cubic meters of gas per day or more than 20 bcma.

The agreement on exploration, development, and shared production of the promising Shah Deniz areas was signed on June 4, 1996. The production sharing agreement was ratified on October 17, 1996.

The project participants are BP (operator - 28.8%), AzSD (10%), SGC Upstream (6.7%), Petronas (15.5%), LUKoil (10%), NIKO (10%) and TPAO (19%).