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Volume of gas delivered from ACG to SOCAR decreased by 40%

04 May 2023 13:32 (UTC +04:00)

During the first quarter of this year, Azeri-Chiraq-Guneshli (ACG) delivered an average of 6,5 million cubic metres per day of ACG associated gas to SOCAR (0,6 bcm in total), primarily at the Sangachal terminal but also to SOCAR’s Oil Rocks facility, which is 40% less in annual comparison, APA-Economics reports citing a report of the BP (operator of the project) on results of I quarter of 2023 on operations conducted in Azerbaijan.

Notably, the share distribution in ACG is as follows: BP – 30.37% (operator), AzACG (SOCAR) – 25.00%, MOL – 9.57%, "Inpex" – 9.31%, "Equinor" (formerly Statoil) – 7.27%, ExxonMobil – 6.79%, TPAO – 5.73%, Itochu – 3.65% and ONGC Videsh Ltd. (OVL) – 2.31%.