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Azerbaijan ranks 5th in BP rating

02.06.2020,17:07


June 2, Fineko/abc.az. Azerbaijan's net share of natural gas production in various parts of the world is 5%.

ABC.AZ informs that this is stated in review of BP’s Report on Sustainable Development of Azerbaijan for 2019.

In this ranking such countries as Canada, South America, Africa, Asia (except Azerbaijan) and Australia took the first place with 61%. The 2nd place belongs to the U.S. with 32% and the 3rd to Europe with 2%. Globally, BP produces 7.366 bn cu m of gas daily (excluding the companies' share).

BP has raised $75 bn since operations began in 1995 (until the end of last year) for projects of Azeri-Chirag-Guneshli (ACG) oilfield block in Azerbaijan, the main export oil pipeline Baku-Tbilisi–Ceyhan, Shah Deniz and the South Caucasus Pipeline.