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Azerbaijan,United Kingdom : AIOC increased the amount of associated gas delivery to SOCAR in Q2, 2014.

Azerbaijan International Operating Company (AIOC), the consortium involved in the development Azeri-Chirag-Gunashli field block under the leadership of BP, has augmented the supply of associated gas to the State Oil Company of Azerbaijan (SOCAR) in the second quarter of this year.

According to BP Azerbaijan, AIOC has delivered on average 6.6 million cu m (233 million cubic feet) of associated gas per day to SOCAR during the first six months of 2014, up from the same period last year s supply of 6 million cu m (212 million cubic feet). As of 1st July 2013, this index comprised 6.7 million cu m (236 million cubic feet) per day.

The amount of daily gas deliveries stood at 6.2 million cu m in Q1, 2014, while the figure rose to 7 million cu m in Q2, 2014.

BP Azerbaijan revealed, "In the 1st half of 2014 the state company was delivered 1.2 billion cu m (42.3 billion cubic feet) against 2.19 billion cu m (77.4 billion cubic feet) for entire last year."

It estimates quarterly supplies of 600 million cu m.

SOCAR received on an average 9.2 million cu m (324 million cubic feet) of associated gas in 2012, while daily supplies reached the levels of 10.2 million cu m (359 million cubic feet) within 1st October 2012.

As against the overall target of 3 bn cu m (106 bn cubic feet), there was delivery of 3.4 bn cu m (119 bn cubic feet) in 2012.

Though BP along with partners intended to supply associated gas of 2.3 bn cu m (80 bn cubic feet) to SOCAR in 2011, their real delivery figure surpassed the goal by almost 43% to 3.3 bn cu m (116.87 bn cubic feet). SOCAR received on an average 9.1 million cu m of associated gas per day from BP and partners in the same year.

As part of the contract for developing the block, SOCAR will be given free delivery of associated gas.

2014 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).

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Publication:Mena Report
Geographic Code:9AZER
Date:Aug 19, 2014
Words:352
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