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Shah Deniz spending over $300m in first half of year

23 August 2012 12:55 (UTC+04:00)
Shah Deniz spending over $300m in first half of year

Azerbaijan's Shah Deniz consortium spent $81.5 million in operating expenditure and $220.6 million in capital expenditure during the first half of 2012.

For the full year, $211.5 million in operating expenditure and $1.340 million in capital expenditure are expected to spend on Shah Deniz activities.

Shah Deniz participating interests are: BP (operator - 25.5%), Statoil (25.5%), SOCAR (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).

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