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BP and its partners decreased Azeri oil daily production

BP and its partners decreased Azeri oil daily production Energy

IIKSS - The Azerbaijan International Operating Company (AIOC), which develops oilfield block Azeri-Chirag-Gunashli in the Azerbaijan sector of the Caspian Sea, lowered the oil production for the 3rd quarter of 2016.
BP Azerbaijan (project operator) informs that by the end of Jan-Sept of 2016 ACG daily oil production reached 644,000 barrels on average versus 641,000 barrels for the 2015 same period. In Q1 of 2016 the index reached 651,000 bbd, in Q2 – 659,000 bpd, and in Q3 – 622,000 bpd.
“For Jan-Sept 2016 oil production totaled 24 million tons (174 million barrels) as well as for Jan-Sept 2015,” BP Azerbaijan said. The index reached 8 million tons for each quarter.
In 2015 oil production from ACG totaled 634,000 barrels a day. The index reached 661,000 barrels a day in Q1, 621,000 barrels a day in Q2, 638,000 barrels a day in Q3, and 616,000 barrels a day in Q4 of 2015. The index made up 638,000 barrels a day on average in 2014 and 655,370 barrels a day on average in 2013. In 2015 the oilfield was produced totally 31.3 million tons (231 million barrels), including 8 million barrels in the 1st, 2nd, and 3rd Qs, and 7.3 million tons in Q4.
At the same time BP Azerbaijan reports that for Jan-Sept 2016 it was exported 219 million barrels of oil and condensate from the Sangachal terminal (versus 224 million barrels for the 2015 same term), including 194 million barrels via pipeline Baku-Tbilisi-Ceyhan (BTC) and 23 million barrels via Baku-Supsa. At that, 75 million barrels of all supplies from the terminal were carried out in Q1, 73 million in Q2, and 71 million in Q3 of 2016.
In 2015 it was exported 296 million barrels of oil and condensate from the Sangachal terminal (79.2 million barrels of oil and condensate in Q1, 74.8 million barrels in Q2, 70 million barrels in Q3, and 72 million barrels in Q4), including 198 million barrels via Baku-Tbilisi-Ceyhan (BTC), 31.4 million barrels via Western Route Export Pipeline (WREP), and 2.2 million barrels by rail.
At that, export via BTC for Jan-Sept 2016 was estimated in 25.7 million tons against the 2015 same term of 26.3 million tons that allowed to ship 242 tankers from Ceyhan.
In 2015 the total export via BTC was estimated in 35 million tons (by 9 million tons in Q1 and Q2, 8.3 million tons in Q3, and 8.7 million in Q4) that allowed to ship 361 tankers from Ceyhan.
Source: ABC.Az

 

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