20:11 - 4.11.2026

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November 4, Fineko/abcnews. According to BP's Q3 2026 report, operational and capital expenditures on the Shah Deniz field reached $2,002 million (+9% YoY) and $1,078 million (+42.6% YoY), respectively.

During the first nine months, total production reached approximately 20 billion cubic meters of gas and 3 million tonnes (21 million barrels) of condensate. Key operational highlights include the commissioning of the 4th well on the East-North flank of Shah Deniz 2 and the commencement of offshore construction for the $2.9 billion Shah Deniz Compression (SDC) project. Targeted for completion in 2029, the SDC project will enable the recovery of an additional 50 bcm of gas and 25 million barrels of condensate.