ACG costs exceed $1.5 bn in 2022

17:41 - 3.11.2022


November 3, Fineko/abc.az. Over Jan-Sept 2022, $1.54 bn was spent on activities of oil & gas fields block Azeri-Chirag-Guneshli (ACG), ABC.AZ reports, referring to BP's quarterly report.

According to BP, the cost of the ACG block development project decreased by 6.1% versus Jan-Sept 2021.

"Of this amount, operating expenses amounted to $337 million and capital expenses - $1.2 bn," BP says.