Chirag Platform Achieves Milestone with 108 Million Tons of Oil Production

Baku:Nearly 108 million tons of oil have been produced to date from the Chirag platform, a key symbol of Azerbaijan's oil industry, as reported by the Ministry of Energy.

According to Azeri-Press news agency, the Chirag platform is located in the Azeri-Chirag-Gunashli (ACG) oil and gas fields block. It has been 29 years since the start of the first oil production from this platform. From the beginning of its operation until November 1, 2026, the platform has produced 107.8 million tons of oil and 25 billion cubic meters of gas.

The participating interests in the ACG project are distributed among several companies BP holds 30.37% (and is the operator), AzACG (SOCAR) has 35.3%, MOL owns 9.57%, Inpex possesses 9.31%, ExxonMobil controls 6.79%, TPAO has 5.73%, and ONGC Videsh Ltd. (OVL) holds 2.92%.