Volume of associated gas delivered to SOCAR from ACG rises by 25%
- 07 August, 2025
- 14:43
During the first six months of 2025, Azeri-Chirag-Deepwater Gunashli (ACG) field block located in the Azerbaijani sector of the Caspian Sea delivered an average of around 8 million cubic metres per day of ACG associated gas to State Oil Company of Azerbaijan (SOCAR), Report informs, citing BP-Azerbaijan.
In total, ACG delivered 1.5 billion cubic metres of associated gas to the state of Azerbaijan, primarily at the Sangachal terminal but also to SOCAR’s Oil Rocks facility. The remainder of the associated gas produced was re-injected for reservoir pressure maintenance.
The volume of associated gas delivered to SOCAR was 1.6 billion cubic meters, or 25% more than in the same period last year.
ACG is the largest oil field block in Azerbaijan. The first production sharing agreement for the development of the field block was signed on September 20, 1994. On September 14, 2017, a new agreement was signed for the joint operation of these fields and the distribution of production shares. This agreement provides for the development of the fields until the end of 2049.
In ACG, BP (30.37%), SOCAR (31.65%), MOL Group (9.57%), INPEX (9.31%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGC Videsh Limited (OVL) (2.92%) are shareholders.