Baku, May 21 (AZERTAC). About 11.1 million cbm of gas was transported via Azeri-Chirag-Gunashli field to the State Oil Company of Azerbaijan (SOCAR) during the first quarter of 2012.

About 3 billion cbm will be transported to SOCAR through Azeri-Chirag-Gunashli field in 2012.

Azeri–Chirag–Guneshli (ACG) is a large complex of oil fields in the Caspian Sea, about 120 kilometres (75 mi) off the coast of Azerbaijan. An overall estimated area of the field is 432.4 square kilometres (167.0 sq mi). It is operated by a BP-led consortium. The ACG fields have estimated recoverable reserves of about 5 to 6 billion barrels (790×10^6 to 950×10^6 m3) of petroleum. As of the end of 2005, the production rate from eight pre-drilled wells at the platform was approximately 240,000 barrels per day (38,000 m3/d). Total production was expected to reach more than 800,000 barrels per day (130,000 m3/d) in 2007, and around 1 million barrels per day (160×10^3 m3/d) by 2009.