Do More With Reuters
Partner Services

BP partially resumes production at Azeri platform

Tue Dec 23, 2008 10:43pm IST
 
Email | Print | | Single Page
[-] Text [+]

MOSCOW, Dec 23 (Reuters) - A BP-led (BP.L: Quote, Profile, Research) group has partially resumed production at the last Azeri offshore platform that was still shut after a gas leak in September, a spokeswoman for the group said on Tuesday.

BP in September suspended oil production at two platforms, Western and Central Azeri, of the giant Caspian Sea deposit, Azeri-Chirag-Gyuneshli (ACG), due to a gas leak. It resumed work at Western Azeri in October.

"We have partially resumed oil production at Central Azeri," said the spokesman, Tamam Bayatly.

She did not say how much the field is producing now, but a source close to Azeri state energy company Socar, which is a part of the group, told Reuters production was resumed at 3 of the platform's 13 wells.

Before Central Azeri resumed operations, ACG was producing 600,000 barrels per day of oil, down from the usual 900,000 bpd.

The source added that not more than 5 wells will be producing in the first quarter of the next year.

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.

Azerbaijan was the only non-OPEC nation to offer output cuts at the group's meeting last week. Azeri Energy Minister Natik Aliyev said the country was ready to cut output by 300,000 barrels per day to 540,000 bpd, which will be its lowest output level in two years.

Most of Azeri oil output is controlled by the BP-led consortium. (Reporting by Lada Yevgrashina, writing Tanya Mosolova)

REUTERS WEEKEND

Glory for Big B

Lifetime award for Bollywood actor Amitabh Bachchan.  Video 

'Trashy' Affair

Beijing man turns unwanted plastic bags into kites.  Video 

 
The new Droid phone, a Motorola Inc. and Verizon Wireless phone based on Google Inc's Android 2.0 system, is shown at a media event in New York October 28, 2009.REUTERS/Brendan McDermid
Motorola Droid

Not the Droid you’re looking for?  Blog 

View of the Casa Poporului or House of the People, now the Parliament Palace, in downtown Bucharest November 6, 2009.  REUTERS/Bogdan Cristel
Travel Postcard

48 hours in Bucharest for architecture buffs.  Full Article 

 
Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Photo
Miss England gives up crown over brawl reports Friday, 6 Nov 2009 

LONDON (Reuters) - Beauty pageant winner Miss England gave up her title on Friday after reports she had been involved in a nightclub brawl with another beauty queen.  Full Article