OVL inks Non-Associated Gas deal for ACG gas field in Azerbaijan
Millennium Post Delhi|September 22, 2024
The NAG resources of ACG are believed to be significant, with up to 4 trillion cubic feet (tcf) in place
OVL inks Non-Associated Gas deal for ACG gas field in Azerbaijan

ONGC Videsh Ltd (OVL), together with the State Oil Company of the Azerbaijan (SOCAR), bp, MOL, INPEX, Equinor, ExxonMobil, TPAO, and ITOCHU, have signed an addendum to the existing Production Sharing Agreement (PSA) for Azeri-Chirag-Deepwater Gunashli (ACG) Field in the Azerbaijan sector of the Caspian Sea.

The addendum amends the ACG PSA enabling the parties to progress the exploration, appraisal, development and production from the Non-Associated Natural Gas (NAG) reservoirs of the ACG field and is effective till the end of the existing ACG PSA in 2049.

The NAG resources of ACG are believed to be significant, with up to 4 trillion cubic feet (tcf) in place.

この記事は Millennium Post Delhi の September 22, 2024 版に掲載されています。

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この記事は Millennium Post Delhi の September 22, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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