Industry and Energy

Home page

Industry and Energy

Expenditures for ACG in 2015 announced

29 February 2016 11:30 (UTC +04:00)

According to BP-Azerbaijan, total ACG production for the full year was on average 634,000 barrels per day (b/d) (over 231 million barrels or 31.3 million tonnes in total) from the Chirag (48,000 b/d), Central Azeri (154,000 b/d), West Azeri (110,300 b/d), East Azeri (71,000 b/d), Deepwater Gunashli (141,400 b/d) and West Chirag (109,400 b/d) platforms.

In 2015, it was spent approximately $760 million in operating expenditure and $1.9 billion in capital expenditure on ACG activities.

ACG participating interests are: BP (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), ONGCVidesh Limited (OVL) (2.7 per cent).