Baku. Agshin Rafigoglu – APA-Economics. In the first quarter, Shah Deniz spent approximately $0.1billion in operating expenditure and $1.1 billion in capital expenditure, the majority of which was associated with the Shah Deniz Stage 2 project.
According to BP-Azerbaijan, in the first quarter, the Shah Deniz field continued to provide reliable deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC), BTC Company and Turkey (to BOTAS)
During this period, the field produced 2.6 billion standard cubic metres (bcm) of gas and 0.6 million tonnes (about 5 million barrels) of condensate.
The existing Shah Deniz facilities’ production capacity is currently 29.5 million standard cubic metres of gas per day or around 10 bcma.
Shah Deniz participating interests are: BP, operator (28.8 per cent), AzSD (10.0 per cent), SGC Upstream (6.7 per cent), Petronas (15.5 per cent), Lukoil (10 per cent), NICO (10 per cent) and TPAO (19 per cent).
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