bp in Azerbaijan
Find out about our structure, organization, assets
A number of bp legal entities have registered representative offices in Azerbaijan reflecting the evolution of bp’s presence in the country and the region since bp opened its first office in Baku in 1992. The principal legal entity is BP Exploration (Caspian Sea) Limited.
The AGT regional leadership team led by the regional president consists of 12 vice presidents.
TRANSPORTATION: Sangachal terminal – an oil and gas processing terminal south of Baku. Baku-Tbilisi-Ceyhan pipeline (BTC) – a 1,768km oil pipeline (443km in Azerbaijan) linking Sangachal terminal to Ceyhan marine terminal in Turkey. South Caucasus Pipeline (SCP) – a 691km gas pipeline (443km in Azerbaijan) between Sangachal terminal and the Georgia-Turkey border. Western Route Export Pipeline (WREP) – a 829km pipeline (456km in Azerbaijan) linking Sangachal terminal to Supsa on Georgia’s Black Sea coast.
CAPACITY: BTC – 1.2 million barrels per day; SCP – 72.2 million standard cubic metres (mmscm) per day; WREP – 106 thousand barrels per day. Sangachal terminal –1.2 million barrels (about 164,000 tonnes) of oil per day and 105 mmscm of gas per day. Crude oil storage capacity of 3.2 million barrels (450,000 tonnes).
Shafag-Asiman
On Shafag-Asiman, with the joining of TPAO, further evaluation of the block will be accelerated to help identify the most suitable option to progress the project. To that end, additional evaluation activities will be carried out, including the drilling of a well into the Lower Surakhany reservoir. To allow for these activities, the exploration period under the Shafag-Asiman production sharing agreement (PSA) has also been extended, with bp remaining the operator during this period.
Karabagh and ADUA
In the second quarter, bp also joined the existing risk service agreement (RSA) for the development of the Karabagh field and the PSA on the exploration of the Ashrafi-Dan Ulduzu-Aypara (ADUA) area located in the Azerbaijan sector of the Caspian Sea. bp acquired 35% participating interest from SOCAR in each agreement becoming the operator in each of the RSA and PSA. The agreements provide new opportunities for cooperation with SOCAR to identify the most efficient ways of oil and gas development that make best use of the existing infrastructure in the Caspian.
In the first half of 2025, the field produced around 14 billion standard cubic metres of gas and about 2 million tonnes (around 16 million barrels) of condensate in total from the Shah Deniz Alpha and Shah Deniz Bravo platforms.
We aspire to be a valued, trusted and long-term partner in the development of Azerbaijan’s energy resources - both hydrocarbon and increasingly low carbon
bp first arrived in Azerbaijan and opened its first office in Baku in June 1992. Over the past years, in partnership with the Government of Azerbaijan and our co-venturers, bp-operated world-class projects – Azeri-Chirag-Gunashli (ACG), Shah Deniz and Baku-Tbilisi-Ceyhan (BTC) – have contributed to the development of the Caspian Sea as a modern hydrocarbon province. These have been remarkable years accompanied by numerous unique and significant milestones based on safe, responsible and efficient operations. We as the operator of the above-mentioned projects, and our co-venturers are proud of the multitude of great achievements and successes of the past months and years along the delivery journey.
> $87 billion
Capital expenditure on the ACG, BTC, Shah Deniz and SCP projects since the beginning of operations in 1995
All these successes stem from the excellent partnership we have built here and our long-term commitment to the country as a reliable partner. This commitment has:
- contributed to a strong and growing economy;
- provided a substantial new revenue stream for the state of Azerbaijan that underpins the amazing economic growth;
- made a major contribution to the new commercial links that the country is building with the rest of the world;
- has driven a revitalised modern technology based offshore hydrocarbon production sector;
- has created one of the world’s most modern oil and gas processing plants and world-class construction and fabrication facilities;
- has contributed to social development by creating tens of thousands of job opportunities;
- has supported capacity-building, training, educational development and a generally enhanced national capability and skill base;
- has fostered sustainable development in hundreds of rural communities;
- has supported development of cultural heritage and sport.
We take great pride in our presence in the region and as a reliable long term partner we will continue to safely and efficiently operate ACG, Shah Deniz 1 and 2, new development and exploration projects, creating new local jobs and new opportunities for social development.
4.5 billion
Barrels of oil were produced by ACG from first oil in 1997 to the end of the second quarter 2025
250 billion
Cubic metres of total gas were produced by Shah Deniz from first gas in 2006 to the end of the second quarter 2025
We remain committed to Azerbaijan’s future helping the country maintain its role as one of the world’s major energy suppliers and create cleaner energy links with Europe.
We will build on this unique experience and knowledge to successfully deliver new projects in this basin – ACG’s further development, Shafag-Asiman, Karabagh field, the Ashrafi-Dan Ulduzu-Aypara (ADUA) area and other potential projects. With our track record of successful delivery as the leading operator in the Caspian, we are uniquely positioned to develop these world-class projects safely, reliably and efficiently.
