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BAKU, Aug 13 (Reuters) - Oil major BP said on
Thursday output at its projects in Azerbaijan fell to 498,000
barrels per day (bpd) in the first half from 542,000 bpd in the
same period of last year.
The fields account for most of Azerbaijan's oil production.
In the first six months of 2020, the company produced more
than 12 million tonnes of oil and 1.3 billion cubic metres (bcm)
of associated gas in Azerbaijan, BP said.
A BP-led consortium said in a statement its operating
expenditure reached $268 million and its capital expenditure
$947 million at the Azeri-Chirag-Guneshli (ACG) oilfields in the
period.
The consortium said its Azeri units had produced 9.4 bcm of
natural gas and 1.9 million tonnes of condensate at the Shah
Deniz field.
Its operating expenditure for Shah Deniz stood at $409
million in the first half and its capital expenditure at about
$452 million, the majority of which was associated with the Shah
Deniz II project.
(Reporting by Nailia Bagirova and Margarita Antidze; Writing by
Margarita Antidze; Editing by Jan Harvey)