Expenditures on ACG field block lowered by 8.5%

15:40 - 6.08.2021


August 6, Fineko/abc.az. In the 1st half of 2021 the expenditures on Azeri-Chirag-Guneshli (ACG) oilfield block amounted to $1.112 bn(8.5% less against 1st half of 2020).

ABC.AZ informs with reference to BP-Azerbaijan’s report that ACG operating expenses decreased by 0.75% to $266 million and capital expenses by 10.7% to $846 million.

Despite the limitations caused by the COVID-19 pandemic, the Azeri Central East (ACE) project, as well as other BP activities, continued to adapt to the situation in the 1st half of the year.