Operating expenses for ACG up by 10%

In January-September 2024, bp and partners' operating expenses for the Azeri-Chirag-Deepwater Gunashli (ACG) fields in the Azerbaijani sector of the Caspian Sea amounted to approximately $402 million, while capital expenditures were $968 million, Report informs, citing block operator bp-Azerbaijan.

In the first three quarters of the current year, ACG operating expenses increased by $37 million or 10.1% compared to the same period last year, while capital expenditures decreased by $141 million or 12.7%.

ACG is Azerbaijan's largest oil field block.