BP Azerbaijan presents Sustainability Report 2009

The company's official Rashid Bayramov said “BP defined sustainability as the capacity to endure as a group: by renewing assets; creating and delivering better products and services that meet the evolving needs of society; attracting successive generations of employees; contributing to a sustainable environment; and retaining the trust and support of customers, shareholders and the communities.”

Bayaramov said over the course of 2009, the company's oil output exceeded 40 million tonnes (more than 298 mln barrels). “We achieved an average daily production rate of 817,700 barrels of oil from the Azeri-Chirag-Deepwater Gunashli (ACG) platforms. The Shah Deniz (SD) field generated about 6.2 billion standard cubic metres of gas and around 1.7 million tonnes of condensate and we delivered about 10.7 million cubic metres per day of ACG-associated gas to SOCAR.”

According to him, the 2008 BP in Azerbaijan Sustainability Report generated a largely positive reaction in Azerbaijan. “More than 200 individuals including students and media representatives participated in four feedback sessions. In addition we received reactions from government representatives and other external parties.”

He said BP and its co-venturers did business with 2,152 companies in Azerbaijan in 2009 against 2,600 in 2008. Of these companies 309 (14%) were SMEs compared to 12.6% in 2008.

The BP in Azerbaijan Sustainability Report 2009 is an annual report issued by BP Exploration (Caspian Sea) Limited, in its capacities as operator and manager of the Joint Operating Company for the ACG field and as manager of The Baku-Tbilisi-Ceyhan Pipeline Company, and by BP Exploration (Shah Deniz) Limited, in its capacities as operator of the Shah Deniz field and as technical operator of The South Caucasus Pipeline Company.

Each of these entities provided information relevant to its project and made any statements applicable to its project.


/AzerTAc/