Overview of Oil and Gas Fields in Azerbaijan

=Overview=

Azerbaijan's largest hydrocarbon basins are located offshore in the Caspian Sea, particularly the Azeri-Chirag-Guneshli (ACG) field, which accounted for nearly 80 percent of Azerbaijan's total oil output in 2010. The Shah Deniz gas field, in turn, is one of the largest gas-condensate fields in the world, located on the deep water shelf of the Caspian Sea, 70 kilometres (km) south-east of Baku.

=Production Sharing Agreements (PSAs) for Production signed with Azerbaijan=

=Production Sharing Agreements (PSAs) for Exploration signed with Azerbaijan=

=References=