BP reported that Azerbaijan’s Shah Deniz Field Produced Around 14 Billion Standard Cubic Metres of Gas and About 2 Million Tonnes (Approximately 16 Million Barrels) of Condensate in the First Half of 2025, With Volumes Unchanged From The Same PERNESS OF 2024.
During the Six Months, Gas Deliveries Continued to Azerbaijan (Socar), Georgia (GOGC), Türkiye (Boots), The BTC Pipeline at Multiple Locations, and Buyers in Europe, Underscoring Shah Deniz’s Role Across Regional Markets.
BP SAID EXISTING DENIZ FACILITIES HAVE A PRODUCTION CAPACITY OF ABUT 77.2 MILLION STANDARD CUBIC METRES PER DAY, OR ROUGHLY 28.2 BILLION CUBIC METRES PER YEAR, BROADLY ALIGNING WITH RECENT ANNUAL OUTPUT TREDS. THE OPERATOR ALSO HIGHIGNED ONGOING SUBSEA EXECUTION UNDER SHAH DENIZ 2 AND LIFE -OF -FIELD SUPPORT BY THE KHANKENDI VESSEL, INCLUDING THE START -LUP OF THE FIFTH WELL ON THE WEST SOUTH FLANK IN 1H2025.
Separately, The Consortium Advanced The Next Development Phase: The $ 2.9 Billion Shah Deniz Compression Project Reachere Final Investment Decision in June, Designed to Access Low -Pressure Reserves and enable an Additional 50bcm of gas and 25 million barrels of condensate over the project life CONSTRUCTION SLATED TO START IN LATE 2025 AND COMPLETION TARGEDED FOR 2029–2030.
Reuters Has Also Reported BP’s Plan to Add Six New Wells to Sustain Field Output Amid Europe’s Continued Demand for Non -Russian Gas Supplies.
According to BP’s Azerbaijan Unit, The Sangachal Terminal’s Current Daily Capacity Is 1.2 Million Barrels of Crude and Condensate and Around 81mcm of Shah Deniz Gas, With Total Gas Processing and Export Capacity. Operations.
The Shah Deniz Partnership Remains Unchanged: BP 29.99%(Operator), Lukoil 19.99%, TPAO 19.00%, SGC 16.02%, Nico 10.00%, and MVM 5.00%.
