Operational expenses to Azeri-Chirag-Gyuneshli will increase in 2014

In 2013, BP and its partners extracted at the Azeri-Chirag-Gyuneshli block 32.2 million tons of oil compared to 32.9 million tons in 2012. The daily average production was 655,370 barrels compared to 664,400 barrels in 2012.

Last year, operational expenses were $722 million, and capital expenses were $2.83 billion. In 2014, the forecasted operational expenses are $1.05 billion, and capital expenses are $2.07 billion.

Translated by Nadezhda Poltoratskaya

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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