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Friday, October 10, 2008

BP brings Azeri back on line

10 October 2008 - Upstream OnLine - A BP-led group resumed oil production at one of its two Azeri offshore platforms shut after a gas leak in September, BP Azerbaijan said today. "Oil production at Western Azeri was resumed late Thursday," a company spokeswoman Tamam Bayatly told Reuters. A source in the consortium told Reuters earlier this month that resumption of oil production at Western Azeri would double production at the Azeri-Chirag-Gyuneshli (ACG) offshore group of fields to around 600,000 barrels per day, down from the usual 900,000 bpd. BP in September suspended oil production at two ACG platforms, Western and Central Azeri, of the giant Caspian Sea deposit due to a gas leak. ACG is the main source of oil for the BP-operated Baku-Ceyhan pipeline, which runs from the fields in the Azeri sector of the Caspian Sea to the Turkish Mediterranean coast.

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