The global demand for oil, over the past three years, has increased by 1.5 million barrels per day, the chief economist of BP in Russia and the CIS Vladimir Drebentsov said at a meeting with reporters on Nov. 7.

The BP-Azerbaijan and SOCAR-KBR JV intend to start in mid-2019 the construction of upper modules and supporting block of a production platform in the framework of the Central-East Azeri project, which is included in the Azeri-Chirag-Guneshli (ACG) oil and gas fields’ block, the Project Implementation Manager Colin Simpson said Oct. 31 at the public hearings of the report on the Environmental and social impact assessment of the project.

Since the beginning of the development of the Azeri-Chirag-Guneshli (ACG) block of oil and gas fields, 3.5 billion barrels of oil have been extracted here, Bakhtiyar Aslanbayli, Communications, External Affairs, Strategy & Region Vice President at BP Azerbaijan-Georgia-Turkey said at the 3rd IAEE Eurasian Conference on Impact of Global Changes in the Energy Sector in the Caspian and Central Asia Region Oct. 19.

Proportion of coal in the global fuel mix has remained unchanged over 20 years, Bob Dudley, group chief executive of BP, said during the One Young World Summit.

The Heydar Aliyev Foundation and BP Azerbaijan have signed a memorandum of cooperation on implementation of joint projects.

BP has prepared and published a draft version of a document on Environmental and Social Impact Assessment (ESIA) for the Azeri Central East Project, as part of the PSA (production sharing agreement) for the Azeri-Chirag-Gunashli (ACG) block of oil and gas fields, BP Azerbaijan said in a message.

BP is uniquely positioned to develop Azerbaijan’s world-class projects safely, reliably and efficiently, the company told Trend.

The first commercial gas from Azerbaijan’s Shah Deniz Stage 2 will be supplied next week, Vice President for Communications, External Affairs, Strategy & Region at BP Azerbaijan-Georgia-Turkey Bakhtiyar Aslanbayli told Trend June 28.

In 2019, BP will start exploration drilling on two contracts signed with Azerbaijan, BP Regional President for Azerbaijan, Georgia and Turkey Gary Jones said at the 25th International Caspian Oil & Gas Exhibition and Conference in Baku May 30.

BP will continue its cooperation with Azerbaijan, said Bernard Looney, BP chief executive for upstream, at the ceremony of launching the first phase of the Southern Gas Corridor project, which involves the delivery of Azerbaijani gas to Europe, in Baku May 29.