BP: Gas production of Shah Deniz I exceeds 42 bln cubic meters in 6 years

BP's Regional President for Azerbaijan, Georgia and Turkey Gordon Birrell has said 42 billion cubic meters of gas have been produced since production started at Shah Deniz field six years ago.
Speaking at the Caspian Oil and Gas International Exhibition and Conference, Birrel said the daily capacity of the processing systems at the field was 1.2 million barrels of oil and 966 million standard cubic feet or 27.4 million standard cubic metres of Shah Deniz gas.

The contract to develop the Shah Deniz field was signed in 1996. Shareholders of the project are BP and Statoil with 25.5 percent each, NICO, Total, Lukoil and SOCAR with 10 percent each, and TPAO with 9 percent.


/AzerTAc/