BP: Azerbaijan received over US$ 140 bln. income from ACG

BP: Azerbaijan received over US$ 140 bln. income from ACG
  • Clock-gray 12:40
  • calendar-gray 20 December 2019

According to the conditions of the agreement on the development of the "Azeri-Chirag-Guneshli" (ACG) block of fields situated in Azerbaijani sector of the Caspian Sea, up to now approximately 45 bln. cubic meters of oil-associated gas were have been delivered to state free of charge.

BP communications, external affairs, strategy and Azerbaijan, Georgia and Turkey region Vice president Bakhtiyar Aslanbayli stated while his speech at II Republican Forum of Foreign Trade Participants, APA-Economics reports.

“Direct revenue received by the state from ACG is more than $ 140 bln.,” B. Aslanbeyli noted.

He also stated that 112 bln. cubic meters of gas have been produced from Shah Deniz gas and condensate field so far.

 

Huseyn Veliyev

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