ECONOMY


Shah Deniz gas output expected to increase

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Baku, December 26, AZERTAC

A BP official told Natural gas Europe on 25 December that the production level from Shah Deniz Stage 1 (SD1) is expected to increase in 2015 despite suspending operations for three weeks in August.

Public Relations Manager for BP Azerbaijan Tamam Bayatli said that currently some 29 mcm/d of gas is produced from SD1.

During 11 months of 2015 Azerbaijan exported 6 bcm of SD1's gas, about 1.6 percent more that the same period in 2014.

Total gas export from this field in 2014 was 6.5 bcm.

"The current figures indicate that SD1's output level to surpass 2014," she said.

SD'1 output last year reached 9.8 bcm.

Shah Deniz's participating interests are: BP (operator – 28.8%), AzSD (10%), SGC Upstream (6.7%), Petronas (15.5%), Lukoil (10%), NICO (10%) and TPAO (19%).

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