BP plans to add six new gas wells in Azerbaijan to boost EU gas exports, reducing reliance on Russia.
BP plans to add six new gas wells in Azerbaijan's Caspian Sea to maintain stable production at the Shah Deniz field, critical for boosting gas exports to the EU and offering an alternative to Russian supplies. The field's output rose to 28 billion cubic meters in 2024 from 26 billion in 2023. Under a 2022 deal, Azerbaijan aims to double its EU gas exports to at least 20 billion cubic meters annually by 2027.
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