BP plans to ramp up production at Azerbaijan’s Shah Deniz gas field and maintain stable output at the Azeri-Chirag-Guneshli (ACG) oilfields this year, a senior regional official at the British oil major said on Monday, Trend with reference to Reuters reports.

The State Customs Committee of Azerbaijan has disclosed statistics on oil, gas and electricity exports.

From Oct. 15, production on the West Chirag platform has been suspended for about 15 days, Trend reports.

Azeri-Chirag-Gunashli (ACG) was a landmark contract for Azerbaijan and for the whole Caspian region, Elena Anankina, credit analyst focusing on energy and the primary analyst on SOCAR at S&P Global Platts told Trend.

Azerbaijan’s burgeoning oil and gas sector accounts for a huge share in the country’s GDP.

The development of Azeri Chirag Gunashli (ACG) fields, which laid the foundation for the development of oil production and exports in Azerbaijan, keeps continuing investors.

The Azeri-Chirag-Gunashli (ACG) field, which lies 120 km off the coast of Azerbaijan, is considered to be the largest oilfield in the Azerbaijan sector of the Caspian Sea. This year, ACG celebrates its 25th anniversary.

ACG is celebrating its 25th anniversary in 2019. This is a very important milestone for both the government and BP and ACG partners.

This year ACG celebrates its 25th anniversary. This is an important event both for Azerbaijani government and for the BP and partners.

Drilling work at Azerbaijan’s Karabakh oil and gas field will be launched in the last quarter of 2019.