Azerbaijan’s Energy Ministry and BP have signed a memorandum of understanding on assessing potential for large-scale decarbonized and integrated energy and mobility systems, including renewable energy projects in Azerbaijan’s regions and cities, the ministry’s press service reported on February 22.

The Baku-Tbilisi-Ceyhan pipeline that takes Azerbaijani oil to Europe, exported more than 27.8 million tons of crude oil loaded on 278 tankers at Ceyhan terminal in 2020, BP Azerbaijan has said in its annual report.

The total production at Azerbaijan's Azeri-Chirag-Guneshli (ACG) block of fields amounted to 175 million barrels during 2020, BP Azerbaijan has said in its annaul report.

Baku- Tbilisi-Ceyhan pipeline exported about 21.4 million tons of crude oil loaded on 214 tankers at Ceyhan terminal, during the first three quarters of 2020, BP Azerbaijan has reported.

The total production at the Azeri-Chirag-Guneshli (ACG) block of fields amounted to 132 million barrels during the three quarters of 2020, BP Azerbaijan has reported.

With the completion of the Trans Adriatic Pipeline, the final leg of Southern Gas Corridor, this giant system is now fully integrated and ready for gas supplies to Europe, BP Azerbaijan told Trend commenting on the start of TAP’s commercial operation.

BP has signed an agreement on manufacture and supply of fiber optic power cable and a SSIVumbilical, for a platform project in the Caspian Sea in Azerbaijan.

The volume of production in Azerbaijan’s Azeri-Chirag-Guneshli block of oil fields at the Caspian Sea increased by 12 million tons in the first half of 2020, amounting to 91 million barrels, the block’s major shareholder BP has reported.

BP will continue its operations in Azerbaijan and look for opportunities to expand relations, the company’s Vice-President Bakhtiyar Aslanbayli has said.

BP’s operations in Azerbaijan run smoothly, safely and in an uninterrupted way, Bakhtiyar Aslanbayli, BP’s vice-president for Azerbaijan, Georgia and Turkey, told Trend.