BP plc · LSE:BP.
BP — Corporate Update (September 2006)
6 slides from BP's corporate update, September 2006
Slide 1: Overview of Azerbaijan and BP's presence
Overview of Azerbaijan and BP’s presence Rashid Javanshir Vice President, Onshore Operations
Slide 2: Geography
Geography UKRAINE KAZAKHSTAN M OL DO RUSSIA VA Odessa Constanta Black Sea Novorossiysk BULGARIA Caspian Sea ru s ho sp Supsa Bo GEORGIA TURK MENI STAN Istanbul Baku AR ME NI AZERBAIJAN A TURKEY Ceyhan IRAN IRAQ Mediterranean Sea SYRIA
Slide 3: 150 years of oil production
150 years of oil production Further Developments 1400 ACG 2010 (1200 mmb/d) 1200 Phase 3 online 2008 1000 Today DW Oil rate (mbd) 800 G Azeri online 2005 600 Historical peak 1941 (475 mmstb/d) Chirag online 1997 400 Azeri 200 Chirag Future decline for other fields assumed 3% annual 0 1870 1880 1890
Slide 4: Azerbaijan's oil history
Azerbaijan’s oil history Oil wells in the vicinity of Baku pumping oil into reservoir lakes in 1880s. The Nobel Brothers' oil wells in Photo: Azerbaijan National Archives. Balakhani, a suburb of Baku. View of Oil Rocks c. 1950s 2006 Central Azeri platforms
Slide 5: BP Azerbaijan assets
BP Azerbaijan assets Novorossiysk Russia Kazakhstan Black Sea NREP NREP Pipeline Pipeline Caspian Sea Georgia WREP WREP Tbilisi Supsa Pipeline Pipeline Sangachal Sangachal Terminal Turkmenistan Terminal BTC ACG ACG BTC Pipeline Pipeline Oil Oil Oil Production Oil Production South South Caucasus Baku
Slide 6: BP Azerbaijan assets
BP Azerbaijan assets • Total gross investment of $25bn, with over $21bn spend to date • Peak production of over 1 million barrels per day and 840 mmcfd (8.7 bcma) gas from existing projects • Sangachal - the largest terminal outside of the Middle East (3 million barrels of storage) • BTC – One of th