About 360 mln tons of oil produced from "Azeri-Chirag-Guneshli"

  11 March 2015    Read: 859
About 360 mln tons of oil produced from "Azeri-Chirag-Guneshli"
359.5 mln tons of oil were produced from "Azeri-Chirag-Guneshli" in 1997-2014.
The statement came from the First Vice-President of the State Oil Company of Azerbaijan (SOCAR) Khoshbakht Yusifzadeh speaking at the 3rd International Caspian Energy Forum - 2015 held in Baku.

According to him, during this period the production of associated gas from the ACG amounted to 105.5 bn cubic meters.

"Daily oil production from ACG is 88 000 tons of oil and 35 mln cubic meters of gas," K.Yusifzadeh noted.

He noted that during the reporting period 196 mln tons of profit oil of Azerbaijan were sold .

According to the First Vice-President of SOCAR, during the whole period of development of "Shah Deniz" (from December, 2004 to January 1, 2015) the field has produced 60 bn cubic meters of gas and 15 mln tons of condensate.

"32 bn cubic meters of gas were exported to Turkey, 4.5 mln - to Georgia" K.Yusifzadeh said.

More about:


News Line