Over $1 bn spent on Shah Deniz activities

16:04 - 4.11.2021


November 4, Fineko/abc.az. In the first 3 quarters of this year $1.57 bn of operating expenses and about $524 million of capital expenditures were spent on Shah Deniz activities. 

ABC.AZ reports that most of those expenses related to project Shah Deniz 2. In total, for Jan-Sept 2021 about 16 bn standard cu m of gas and 3 million tons (about 24 million barrels) of condensate were produced from the Shah Deniz Alfa and Shah Deniz Bravo platforms. Production capacity of existing installations at 
Shah Deniz currently amounts to about 70 million standard cu m per day (more than 25 bn per year).