2024-06-05 14:04:05
Originally of 2025, the primary gasoline will likely be produced from the Azeri-Chirag-Gunashli (ACG) deepwater formations.
As Day.Az reported on Wednesday on the subject of Pattern, BP regional president for Azerbaijan, Georgia and Turkey Gary Jones mentioned this throughout a panel dialogue on the twenty ninth Baku Power Discussion board.
He talked about that BP additionally has excessive hopes for the outcomes of 4D seismic at ACG.
In his opinion, it is crucial for the world to have low cost and accessible conventional vitality assets (oil and gasoline present 55 p.c of the world’s vitality wants).
He emphasised that Azerbaijan demonstrates a holistic method and nice achievements in each vitality safety and vitality transition.
“On the identical time, it’s essential to create low-carbon vitality. On this regard, the undertaking of the Shafag photo voltaic station by bp and SOCAR within the Jabrayil area is vital. This undertaking makes use of the inexperienced vitality swap mechanism for the primary time (bp on the terminal in Sangachal will obtain that quantity of “inexperienced” vitality that will likely be produced and distributed within the Jabrayil area),” Jones added.
Please word that the operator on behalf of the contracting events to the ACG Manufacturing Sharing Settlement is BP Exploration (Caspian Sea) Restricted.
The shares of participation in ACG are as follows: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil ( 6.79%), TPAO (5.73%), ITOCHU (3.65%). %), ONGCVidesh (2.31%).
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