14:37 - 12.05.2020

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May 12, Fineko/abc.az. In the first quarter of this year approximately $219 million in operating expenses and $219 million in capital expenditures were raised for Shah Deniz operations.

ABC.AZ reports that most of the capital expenditures relate to the Shah Deniz 2 project.

Over the past quarter gas deliveries from the Shah Deniz field continued to the markets of Azerbaijan (SOCAR), Georgia (GOGC), Turkey (BOTASH) and BTC for numerous facilities. For the first 3 quarters of the year, about 4.7 bn standard cu m of gas and 1 million tons (7.7 million barrels) of condensate were produced from the field together with the Shah Deniz Alpha and Shah Deniz Bravo platforms.

This indicates that since the first gas was received from the Shah Deniz Bravo platform at the end of July 2018 the production continues to gradually increase. The production capacity of the existing Shah Deniz platforms is currently 56 million (more than 20 billion per year) standard cu m per day.