Azeri-Chirag-Guneshli
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Azeri-Chirag-Guneshli (ACG) is a large complex of oil fields in the Caspian Sea, about 120 kilometers off the coast of Azerbaijan. It is operated by a BP-led consortium. The ACG fields have estimated recoverable reserves of about 5 to 6 billion barrels of petroleum. As of the end of 2005, the production rate from eight pre-drilled wells at the platform was approximately 240,000 barrels per day. Total production is expected to reach more than 800,000 barrels a day in 2007, and around one million barrels a day by 2009.
BP reports that crude oil from ACG is exported through the main pipeline Baku Tbilisi Ceyhan to the Mediterranean Sea and Western Route Export Pipeline to Supsa in Georgia, as well as through the Northern Route Export Pipeline to Novorossiysk in Russia.
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