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Shah Deniz field produces 9.9 bcm of gas and 2.3 million tonnes of condensate in 2014

19 February 2015 14:02 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. In 2014, the Shah Deniz field produced 9.9 billion standard cubic metres of gas and 2.3 million tonnes (18.7 million barrels) of condensate.

According to BP-Azerbaijan, during 2014, the existing Shah Deniz facilities were further de-bottlenecked which increased their production capacity from 27.3 million standard cubic metres to 29.5 million standard cubic metres of gas per day.

In 2014, Shah Deniz spent approximately $0.4billion in operating expenditure and $3.9billion in capital expenditure, the majority of which was associated with the Shah Deniz Stage 2 project.

Shah Deniz participating interests are: BP, operator (28.8 per cent), AzSD (10.0 per cent), SGC Upstream (6.7 per cent), Statoil (15.5 per cent), Lukoil (10 per cent), NICO (10 per cent) and TPAO (19 per cent).