Industry and Energy

Home page

Industry and Energy

BP-Azerbaijan: 40 bn standard cubic metres of gas and 85 mln barrels of condensate exported from Shah Deniz to the markets, so far

07 May 2013 08:47 (UTC +04:00)

For the full year, we expect to spend about $861 million in operating expenditure and $2,514 million in capital expenditure on ACG activities, it was stated in BP’s quarterly report, APA-Economics reports.

During the first quarter of 2013, ACG produced on average 662,000 barrels per day (b/d) (59.6 million barrels or 8.06 million tonnes in total) from the Chirag, Central Azeri, West Azeri, East Azeri and Deepwater Gunashli platforms.

During the first quarter, we delivered around 5.4 million cubic metres (189 million standard cubic feet) per day of ACG associated gas to SOCAR (0.5 billion cubic metres or over 17 billion cubic feet in total). For the full year we expect to deliver 1.2 billion cubic metres or about 44 billion standard cubic feet of ACG associated gas to SOCAR.

During the first quarter, the Sangachal terminal exported about 71 million barrels of oil. This included about 61 million barrels through Baku-Tbilisi-Ceyhan (BTC), over 8 million barrels through the Western Route Export Pipeline (WREP), about 1.4 million barrels by rail and about 0.5 million barrels via a condensate export line.

On average about 27 million standard cubic metres (over 951 million standard cubic feet) of Shah Deniz gas was exported from the terminal daily in the first quarter of 2013.

During the first quarter of 2013, BTC spent over $13 million in capital expenditures. For the full year BTC capital expenditures are expected to be $97 million.

BTC’s throughput capacity is currently 1.2 million b/d.

Since 4 June 2006 up to the end of the first quarter of 2013, 2,140 tankers were loaded at Ceyhan with a total of about 1,648 million barrels (220 million tonnes) of crude oil transported via BTC and sent to world markets.

During the first quarter of 2013, BTC exported 59.6 million barrels (7.9 million tonnes) of crude oil loaded on 79 tankers at Ceyhan.

The BTC pipeline currently carries mainly ACG oil and Shah Deniz condensate from Azerbaijan. In addition, crude oil from Turkmenistan has and continues to be transported.

During the first quarter of 2013, Shah Deniz spent $42 million in operating expenditure and $395 million in capital expenditure. For the full year, we are planning to spend over $222 million in operating expenditure and about $2,270 million in capital expenditure on Shah Deniz activities.

In the first quarter, the field produced about 2.42 billion cubic metres (about 85.6 billion cubic feet) of gas and 0.63 million tonnes (about 5 million barrels) of condensate or about 27 million cubic metres of gas per day (951 million standard cubic feet per day) and over 55,300 b/d of condensate.

Since the start of Shah Deniz production in late 2006 till the end of the first quarter of 2013, about 40 billion standard cubic metres (1,414 billion standard cubic feet) of Shah Deniz gas, and about 85 million barrels (10.7 million tonnes) of Shah Deniz condensate was exported to the markets.

Shah Deniz Stage 1 production is currently at plateau with production facilities running at maximum capacity of 966 million standard cubic feet per day and approximately 55,000 b/d of condensate when markets are available.

During the first quarter of 2013, SCP spent about $2 million in capital expenditures. For the full year it is planned to spend over $13 million in SCP capital expenditures. The pipeline has been operational since late 2006 transporting gas to Azerbaijan and Georgia, and starting July 2007 to Turkey from SD Stage 1. During the first quarter, SCP’s daily average throughput was over 11 million cubic metres (about 390 million cubic feet) of gas or over 67,000 barrels of oil equivalent per day.