The transfer of technical operatorship was carried out in fulfilment of the agreement between SOCAR and BP, signed in December 2013.

In January-June 2021 production of natural gas increased by 4.7 percent year-on-year to 26.308 bcm.

There has been no progress in re-uniting Georgia with either of its separatist regions, South Ossetia or Abkhazia.

Natural gas production at the major Shah Deniz gas field was 10 billion standard cubic metres (bcm) in the first half, up from around 9.4 bcm in the same period last year.

BP expects to discover oil reserves at SWAP to compensate for a decline in oil production at its major project in Azerbaijan – the Azeri-Chirag-Guneshli oilfields, which account for most of the country’s oil output.