BP Says Consortia Invested $33 Billion In Azeri Energy Projects
02 11월 2011 - 8:02PM
Dow Jones News
Investments in Azerbaijan's Azeri-Chirag-Guneshli, or ACG, and
Shah Deniz fields in the Caspian Sea total $33 billion to date, the
operator of both projects BP PLC (BP) said Wednesday.
Investments include construction of the Baku-Tbilisi-Ceyhan and
the South Caucasus pipelines, said Ian Sutherland, chief financial
officer for BP in the Azerbaijan-Georgia-Turkey region.
ACG and Shah Deniz have produced 1.8 billion barrels of oil and
26 billion cubic meters of natural gas since they began production
in 1997 and 2006, respectively, said Sutherland.
BP operates Azeri-Chirag-Guneshli in a consortium that includes
Chevron Corp. (CVX), Statoil ASA (STO) of Norway, Inpex Corp.
(1605.TO) and Itochu Corp. (8001.TO).
BP also operates the Shah Deniz field with Statoil, Azerbaijan's
Socar, Russia's OAO Lukoil Holdings (LKOH.RS), France's Total SA
(TOT), National Iranian Oil Co. and Turkey's TPAO as partners.
-By Jacob Gronholt-Pedersen and Aida Sultanova, Dow Jones
Newswires; +7 495 232-9197, jacob.pedersen@dowjones.com
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