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BP-led projects in Azerbaijan to cut production this year

BP-led projects in Azerbaijan to cut production this year
04.06.2015 15:34
The Azeri-Chirag-Guneshli (ACG) deposit in the Caspian Sea will produce 30.3 million tons of crude oil this year, down from 31.5 million tons produced in 2014, Socar Vice President Rahman Qurbanov said in Baku on Thursday.

BP will pump 9.8 billion cubic meters of natural gas from the Shah Deniz field in 2015 compared with 9.9 billion cubic meters last year, Qurbanov said.

Of the total gas output, Shah Deniz will provide 2.6 bcm to Azerbaijan; 6.3 bcm will be exported to Turkey and 740 mcm will be delivered to Georgia, he said.


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