[ad_1] The State Oil Fund of Azerbaijan (SOFAZ) has revealed revenues from exploiting the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the fund. In January-July 2021, the fund received just over $2.903 billion from the ACG field. Since the start of ACG development in 2001,… Continue reading SOFAZ announces revenues from ACG, Shah Deniz fields
Tag: Deniz
SOFAZ discloses revenues from ACG, Shah Deniz fields
[ad_1] The State Oil Fund of Azerbaijan (SOFAZ) has revealed revenues from exploiting the Azeri-Chirag-Guneshli (ACG) and Shah Deniz fields in the Azerbaijani sector of the Caspian Sea, Report informs, citing the fund. From January through June 2021, the fund received just over $2.354 billion from the ACG field. Since the start of ACG development… Continue reading SOFAZ discloses revenues from ACG, Shah Deniz fields
Shah Deniz 2 starts production from East South flank
[ad_1] Today, the Shah Deniz consortium announced the commencement of production from the East South flank at 540m water depth – a major milestone planned for 2021 and achieved safely and on schedule. Production from this deep-water flank started up on 30 June 2021 following the successful completion of all related offshore construction and commissioning… Continue reading Shah Deniz 2 starts production from East South flank
EC allocates €166.7 million to Greece for transportation of Shah Deniz gas
[ad_1] The European Commission has approved, under EU State aid rules, a €166.7 million Greek support measure for the construction of a new liquid natural gas (“LNG”) terminal in Alexandroupolis, Greece, Report informs, citing Greek media. The project will contribute to the security and diversification of energy supplies in Greece and, more generally, in Southeast… Continue reading EC allocates €166.7 million to Greece for transportation of Shah Deniz gas