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More than 66% of Azerbaijan’s oil production falls on the ACG block

25/08/2021
More than 66% of Azerbaijan’s oil production falls on the ACG block
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Over 7 months of this year, under the operator of the British company BP, 13.3 million tons of oil were produced from the Azeri-Chirag-Guneshli (ACG) offshore block.

According to the Ministry of Energy of the Republic of Azerbaijan, the production of oil with condensate in Azerbaijan in January-July 2021 amounted to 20.1 million tons, which is 2.5% less than the same period last year.

During the reporting period, 13.3 million tons of oil were produced from the ACG block, 4.6 million tons by SOCAR, and 2.2 million tons of condensate from the Shah Deniz field.

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Tags: AÇG

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