bp: In 2022, Shah Deniz spent around $2,281 billion in operating expenditure and around $463 million in capital expenditure

Baku, February 9, AZERTAC

“In 2022, Shah Deniz spent around $2,281 billion in operating expenditure and around $463 million in capital expenditure, the majority of which was associated with the Shah Deniz 2 project,” bp Azerbaijan told AZERTAC.

“During the year, the Shah Deniz field continued to provide deliveries of gas to markets in Azerbaijan (to Azerkontrakt), Georgia (to GOGC), Türkiye (to BOTAS), to the BTC Company in multiple locations and to buyers in Europe.

In 2022, the field produced about 25 billion standard cubic metres (bscm) of gas and more than 4 million tonnes (about 36 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.

The existing Shah Deniz facilities’ production capacity is currently about 74 million standard cubic metres of gas per day or more than 27 bcma,” the company added.