Bank Of Baku

ACG delivers 1.2 bcm of gas to SOCAR in first quarter

ACG delivers 1.2 bcm of gas to SOCAR in first quarter
# 13 May 2015 15:49 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. In the first quarter, ACG delivered an average of 13.6 million cubic metres per day of ACG associated gas to SOCAR (1.2 billion cubic metres in total), primarily at the Sangachal Terminal but also to SOCAR’s Oil Rocks facility. The remainder of the associated gas produced was mainly re-injected for reservoir pressure maintenance. .

 

BP-Azerbaijan told APA-Economics that oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal Terminal.

 

The daily capacity of the terminal’s processing systems is currently 1.2 million barrels of oil and about 29.5 million standard cubic metres of Shah Deniz gas, while overall processing and export capacity for gas, including ACG associated gas is about 49.3 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.

 

In the first quarter, the Sangachal terminal exported 79.2 million barrels of oil and condensate. This included about 69 million barrels through Baku-Tbilisi-Ceyhan (BTC), over 8 million barrels through the Western Route Export Pipeline (WREP), about 1.6 million barrels by rail and about 0.5 million barrels via a condensate export line.

 

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