The Shah Deniz compression unit will consist of four main compressors, BP Executive Vice President for Production and Operations Gordon Birrell said during the company's press conference within the 30th Anniversary Baku Energy Forum, according to Report.
"This is a new platform that will be built here in Azerbaijan, at the construction sites near Baku. It will consist of four main compressors. The purpose of this platform is to allow us to extract low-pressure reserves, that is, reserves that would not otherwise be extracted. This is a really important project for us. In addition, the platform will be electrified, which means: all the power comes from the shore, and the electricity is used on the shelf, which allows us to keep emissions at a very low level," he said.
Today, as part of the Baku Energy Week, the final investment decision was signed on the Shah Deniz Compression project, which will be the next stage of the development of the Shah Deniz gas field in the Azerbaijani sector of the Caspian Sea.
The $2.9 billion project is a continuation of the two previous stages of the field's development. The goal of the project is to ensure the production of low-pressure gas reserves of the field, making them accessible, and thus achieving the maximum gas recovery factor. The project is expected to produce and export an additional 50 billion cubic meters of gas and almost 25 million barrels of condensate from the field.