Middle East Economic Survey
BP Azerbaijan Targets ACG Crude Output Of 854,000 B/D In 2010, 7.6 BCM From Shah Deniz
BP Azerbaijan expects crude oil production from the offshore Azeri-Chirag-Guneshli (ACG) oilfields to average 854,000 b/d during 2010. Crude output during 1Q10 averaged 797,300 b/d the equivalent of more than 72mn barrels or 9.7mn tons. BP said in a first quarter business update released on 6 May said that about $155.3mn was spent on operating...