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Sangachal terminal exports about 300 million barrels of oil last year

19 February 2015 12:38 (UTC +04:00)

BakÄ±. AqÅŸin RafiqoÄŸlu – APA-Economics. In 2014, oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal terminal.

According to BP-Azerbaijan, in 2014, the Sangachal terminal exported over298.5 million barrels of oil. This included over 260 million barrels through Baku-Tbilisi-Ceyhan (BTC), over 31.4 million barrels through the Western Route Export Pipeline (WREP), about 5.3 million barrels by rail and about 1.84 million barrels via a condensate export line.

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.

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).