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).
On the Shafag-Asiman offshore block, evaluation of the hydrocarbon resource encountered in the first exploration well (SAX01), as well as planning of future activities are ongoing.
On 20 September 2024, bp and SOCAR signed a memorandum of understanding (MOU) announcing bp’s intention to join existing agreements on two exploration and development blocks in the Azerbaijan sector of the Caspian Sea. These are the Karabagh oil field and the Ashrafi-Dan Ulduzu-Aypara exploration area (ADUA). Discussions regarding bp's access to these blocks continued in the first quarter of 2025.
In the first quarter, SD field produced 7 billion standard cubic metres of gas and about 1 million tonnes (around 8 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.
> $85 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 first quarter 2025
243 billion
Cubic metres of total gas were produced by Shah Deniz from first gas in 2006 to the end of the first 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 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.
