16:58 - 6.02.2020

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February 6, Fineko/abc.az. In 2019, Shah Deniz spent about $544 million in operating expenditure and $1.1 billion in capital expenditure.

ABC.AZ informs that the data is given by BP Azerbaijan.

According to the report, the majority of expenditures was associated with the Shah Deniz 2 project.

During the year, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to SOCAR), Georgia (to GOGC and SOCAR), Turkey (to BOTAS) and to BTC Company in multiple locations.

In 2019, the field produced around 16.8 billion standard cubic metres (bcm) of gas and 3.5 million tonnes (28.6 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.

Production from Shah Deniz Bravo has been ramping up since the first gas delivery at the end of July 2018.

The existing Shah Deniz facilities’ production capacity is currently over 56 million standard cubic metres of gas per day or more than 20 bcma.