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BP starts new phases at ACG oil field and Shah Deniz-2 in Azerbaijan

BP has started primary construction work on the second phase of the Sangachal terminal, part of the Shah Deniz-2 project in the Caspian Sea in Azerbiajan. Moreover, the company has started oil production from the West Chirag platform, as part of another major oil project in the region, the Azeri-Chirag-Gunashli (ACG) field development in the Azerbaijan sector of the Caspian Sea. Start-up of the West Chirag platform completes the Chirag Oil Project (COP) sanctioned in 2010. The West Chirag platform has been installed at a water depth of about 170 metres between the existing Chirag and Deepwater Gunashli platforms. The design oil capacity of the new platform is 183,000 bbl/d. The gas export capacity is 285 mcf/d (2.9 bcm/year). CG participating interests are: BP (operator – 35.8%), SOCAR (11.6%), Chevron (11.3%), INPEX (11%), Statoil (8.6%), ExxonMobil (8%), TPAO (6.8%), ITOCHU (4.3%), ONGC Videsh Limited (OVL) (2.7%).