Bank Of Baku

26 million standard cubic metres of Shah Deniz gas exported daily from Sangachal terminal

26 million standard cubic metres of Shah Deniz gas exported daily from Sangachal terminal
# 15 August 2014 08:44 (UTC +04:00)

Bakı. Agshin Rafigoghlu - APA-Economics. Oil and gas from ACG and Shah Deniz continued to flow via subsea pipelines to the Sangachal terminal during the first half of 2014.

 

BP-Azerbaijan told APA-Economics that the daily capacity of the terminal’s processing systems is currently 1.2 million barrels of oil and approximately 970 million standard cubic feet or 27.4 million standard cubic metres of Shah Deniz gas, while overall processing and export capacity for gas, including ACG associated gas is about 41.5 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.

 

During the first half of 2014, the Sangachal terminal exported about 152 million barrels of oil. This included about 133 million barrels through Baku-Tbilisi-Ceyhan (BTC), 15.4 million barrels through the Western Route Export Pipeline (WREP), 2.6 million barrels by rail and about 0.9 million barrels via a condensate export line.

 

On average, 26 million standard cubic metres (918.2 million standard cubic feet) of Shah Deniz gas was exported from the terminal daily during the first half of 2014.

 

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).

 

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