Daily average throughput of South Caucasus Pipeline increased by 16.5%

Daily average throughput of South Caucasus Pipeline increased by 16.5%
# 04 February 2021 11:14 (UTC +04:00)

"In 2020, the South Caucasus Pipeline (SCP) spent $47 million in operating expenditure and $13 million in capital expenditure in total," APA-Economics reports citing BP report on results of operations in Azerbaijan in 2020.

"The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey. The expanded section of the pipeline commenced commercial deliveries to Turkey in June 2018 and to Europe in December 2020.

During 2020, the daily average throughput of SCP was 33.8 million cubic metres of gas per day," noted in the report.

The SCP Co. shareholders are: bp (28.8%), TPAO (19.0%), AzSCP (10.0%), SGC Midstream (6.7%), PETRONAS (15.5%), LUKOIL (10.0%) and NICO (10.0%).

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THE OPERATION IS BEING PERFORMED