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AGC delivers 2.7 bcm of associated gas to SOCAR

30 November 2015 15:11 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. During the first nine months, ACG delivered an average of 9.8 million cubic metres per day of ACG associated gas to SOCAR (2.7 billion cubic metres in total), primarily at the Sangachal Terminal but also to SOCAR’s Oil Rocks facility.

BP-Azerbaijan told APA-Economics that the remainder of the associated gas produced was re-injected for reservoir pressure maintenance.

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.

In the three quarters of 2015, the Sangachal terminal exported over 224 million barrels of oil and condensate. This included about 198 million barrels through Baku-Tbilisi-Ceyhan (BTC), about 23.6 million barrels through the Western Route Export Pipeline (WREP), 2.2 million barrels by rail and about 0.9 million barrels via a condensate export line.

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

On average, 26.1 million standard cubic metres (923 million standard cubic feet) of Shah Deniz gas was exported from the terminal daily during the first three quarters of 2015.

ACG participating interests are: BP (operator – 35.8 per cent), SOCAR (11.6 per cent), Chevron (11.3 per cent), INPEX (11 per cent), Statoil (8.6 per cent), ExxonMobil (8 per cent), TPAO (6.8 per cent), ITOCHU (4.3 per cent), ONGC Videsh Limited (OVL) (2.7 per cent).