BP company considers its operations in Azerbaijan this year as successful, Gordon Birrell, BP-Azerbaijan President, said while speaking to the journalists at the end of last week.
He said a great success has been achieved in field of labor safety, safety of operations, environment protection and reduction of volume of gas burnt on the torches and management of strata waters.
“We are also satisfied with the results in the production field. The closer we are to the end of the year, the more we are confident that this year the indexes will be above those planned,” Birrell said, but did not mention exact volume.
Reliable sources told Turan that according to the BP-Azerbaijan’s forecast, at the end of 2014 average daily oil production on the Azeri-Chirag-Guneshli (ACG) had to total 620,000 barrels, but the company expects the figure will be close to about 630,000 barrels.
BP is the operator of the following projects in Azerbaijan: oil production – Azeri-Chirag-Guneshli, gas production – Shah –Deniz, exploration project – Shafag and Asiman offshore fields and the infrastructure projects – Baku-Tbilisi-Ceyhan (BTC) and Baku-Supsa oil pipelines and the Southern Caucasian gas pipeline.—0—
Economics
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Turkish companies YDA and ASFAT plan to build a shipyard near Kazakhstan's port of Kuryk to address the country's domestic fleet shortage, Kazakhstan's Minister of Transport Marat Karabaev announced on Monday during a parliamentary session. The project underscores Kazakhstan's ambitions to strengthen its maritime capabilities and logistics infrastructure.
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Kazakhstan's Minister of Transport, Marat Karabayev, unveiled the country’s bold roadmap for transforming itself into a premier transport and logistics hub in Eurasia. Speaking in parliament on Monday, Karabayev detailed strategies to capture a share of the massive $1 trillion annual freight flows between the East-West and North-South corridors.
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The ASCO-owned ferry "Shahdag," freshly refurbished, has resumed operations on the Azerbaijan-Kazakhstan route, aiming to alleviate severe truck congestion at ports on both sides of the Caspian Sea.
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But Putin Says It's "Virtually Impossible" Due to Zelensky's Position Slovak Prime Minister Robert Fico visited Moscow on Sunday to discuss energy issues, becoming the third EU country leader to hold talks with Vladimir Putin since Russia's 2022 invasion of Ukraine. Prior visits include Austrian Chancellor Karl Nehammer in April 2022 and Hungarian Prime Minister Viktor Orbán in July 2024. Slovakia is also a NATO member.
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