Amount of capital and operating expenditures on Shahdeniz announced

Amount of capital and operating expenditures on Shahdeniz announced
# 16 February 2018 09:47 (UTC +04:00)

In 2017, Shah Deniz spent approximately $451 million in operating expenditure and about $2.88 billion in capital expenditure, the majority of which was associated with the Shah Deniz 2 project, BP-Azerbaijan reported.

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

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THE OPERATION IS BEING PERFORMED