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Sangachal Terminal exports over 29 mln cubic meters of Shah Deniz gas

24 May 2016 12:07 (UTC +04:00)

Baku - APA-Economics. Oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal Terminal.

BP-Azerbaijan says the daily capacity of the Terminal’s processing systems is currently 1.2 million barrels of crude 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 first quarter of 2016, the Sangachal Terminal exported about 75 million barrels of oil and condensate. This included around 67 million barrels through Baku-Tbilisi-Ceyhan (BTC) and more than 8 million barrels through the Western Route Export Pipeline (WREP).

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, 29.4 million standard cubic metres (around 1039 million standard cubic feet) of Shah Deniz gas was exported from the Terminal daily during the first quarter.

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).

BP Exploration (Caspian Sea) Limited is the operator on behalf of the Contractor Parties to the ACG Production Sharing Agreement.