Core Viewpoint - BP plc has resumed gas production at its Shah Deniz Alpha platform in the Caspian Sea after resolving a technical issue that previously halted operations, which is crucial for maintaining output and reinforcing Azerbaijan's role in global energy markets [1][6]. Group 1: Production Resumption - Gas production from the Shah Deniz Alpha platform was temporarily suspended on January 10, 2025, due to a malfunction in a subsea condensate export pipeline [1]. - The company confirmed that the technical issue caused no environmental harm or safety risks, and production and export operations have restarted and are being gradually ramped up [2]. Group 2: Impact on Regional Gas Supplies - The malfunction affected regional gas supplies, leading to a daily suspension of 1.7 million cubic meters of gas to Serbia, while Bulgaria faced interruptions starting January 7, 2025, with an expected resolution by January 11, 2025 [3]. - Despite these disruptions, Azerbaijan maintained gas supplies to Serbia [3]. Group 3: Shah Deniz Field Overview - The Shah Deniz gas-condensate field, discovered in 1999, is one of the world's largest, with estimated reserves of 1 trillion cubic meters of gas and 243 million tons of condensate [4]. - The field has been developed in two phases, with Phase 1 initiated in 2006 and Phase 2 considered one of the largest and most complex gas projects globally, enhancing Azerbaijan's role as a key gas supplier to Europe and Asia [5]. Group 4: BP's Commitment and Future Projects - BP remains committed to enhancing hydrocarbon production in Azerbaijan and is also working on other projects in the region, including giant oil field operations initiated in April 2024 [6]. - The resumption of operations at Shah Deniz Alpha is a crucial step in maintaining the field's output and reinforcing Azerbaijan's position in global energy markets [6].
BP Recommences Operations at Azerbaijan's Shah Deniz Field