Industry and Energy

Home page

Industry and Energy

Operating expenditure on ACG rise 7%, capital expenditure â€“ 14%

13 February 2014 09:40 (UTC +04:00)

In 2014 it’s expected to be spent $1,052 million in operating expenditure and $2,068 million in capital expenditure on ACG activities.

During 2013, ACG produced on average 655,370 barrels per day (b/d) (over 239 million barrels or over 32.2 million tonnes in total) from the Chirag, Central Azeri, West Azeri, East Azeri and Deepwater Gunashli platforms,. Annual production decreased by 2.1% in copmparison to previous year.

The daily capacity of Sangachal terminal’s processing systems is currently 1.2 million barrels of oil and around 970 million standard cubic feet or 27.4 million standard cubic metres of Shah Deniz gas, while overall processing and export capacity for gas, including ACG associated gas is about 41.5 million standard cubic metres per day.

Gas is exported via the South Caucasus Pipeline (SCP) and via a SOCAR gas pipeline connecting the terminal’s gas processing facilities and Azerigas’s national grid system.

During 2013, the Sangachal terminal exported about 286.2 million barrels of oil. This included 248.7 million barrels through Baku-Tbilisi-Ceyhan (BTC), 29.9 million barrels through the Western Route Export Pipeline (WREP), 5.7 million barrels by rail and 1.9 million barrels via a condensate export line.

On average, 26.6 million standard cubic metres (about 939 million standard cubic feet) of Shah Deniz gas was exported from the terminal daily in 2013, 26.1% in annual comparison.