By Aida Sultanova
Special to DOW JONES NEWSWIRES
BAKU, Azerbaijan--Daily natural gas output at Azerbaijan's Shah
Deniz field, which is led by BP PLC (BP), has fallen by almost
one-fifth after production was suspended at one well for technical
reasons, a senior executive from national oil company SOCAR said
Monday.
Work is being carried out to fix the problem at the well, and it
will soon be brought back on line, SOCAR Deputy Chief Executive
Khoshbakht Yusifzadeh told reporters. Five wells at the field are
currently producing 23 million cubic meters per day, compared to 28
million when all six wells are working, he said.
The stoppage isn't affecting gas exports, Mr. Yusifzadeh
said.
Shah Deniz is being developed by a BP-led consortium also
including SOCAR, Norway's Statoil ASA (STO), Russia's Lukoil
Holdings (LKOH.RS) and France's Total S.A. (TOT).
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