In 2014 BP-Azerbaijan company extracted gas from two projects – Azeri-Chirag-Guneshli (ACG) and gas condensate field Shah Deniz. The company extracted associated gas from the first project and natural gas from the second project.
According to BP-Azerbaijan report, in 2014 2.76 billion cub.m. of natural gas was supplied to Azerbaijan free of charge. The volume of associated gas handed over to Azerbaijan increased by 570 million cub.m. against 2013.
The company has also extracted 9.9 billion cub.m. of gas from the Shah Deniz field. In 2013 BP extracted 9.8 billion cub.m. of gas from the Shah Deniz.
Last year BP-Azerbaijan has extracted a total of 12.66 billion cub.m. of tank gas in Azerbaijan. This constituted 67.7% of the entire tank gas production in the country.--0--
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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