Over $40 billion was invested within the oil and gas projects in Azerbaijan implemented by BP

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Over $40 billion was invested within the oil and gas projects in Azerbaijan implemented by BP Source: en.trend.az

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The company is a participant of major energy projects in the country and in particular developing the block of Azeri-Chirag-Guneshli offshore fields. So far some 1.7 billion barrels of oil were transported via the Baku-Tbilisi-Ceyhan oil pipeline. A consortium developing the Azerbaijani gas condensate field Shah Deniz is implementing the second phase of the project. Around $ 25 billion of investments will be made there. This will create the conditions to turn Azerbaijan into one of major gas suppliers to Europe. Peak production figures amounting to 27 million cubic meters of gas and 55,000 barrels of condensate per day were reached at the Shah Deniz first stage development.

Transcript of Over $40 billion was invested within the oil and gas projects in Azerbaijan implemented by BP

Page 1: Over $40 billion was invested within the oil and gas projects in Azerbaijan implemented by BP

Over $40 billion was invested within the oil and gas projects in Azerbaijanimplemented by BP

Source: en.trend.az

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