The South Caucasus Pipeline’s (SCP) daily average throughput was about 23.1 million cubic metres of gas per day during the quarter, BP-Azerbaijan reported.
The pipeline has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey.
The SCP has a dual operatorship with BP as the technical operator being responsible for construction and operation of the SCP facilities and SOCAR Midstream Operations, as commercial operator, responsible for SCP commercial operations.
The SCP Co. shareholders are: BP (28.8 per cent), TPAO (19 per cent), AzSCP (10.0 per cent), SGC Midstream (6.7 per cent), PETRONAS (15.5 per cent), LUKOIL (10 per cent) and NICO (10 per cent).
In the first quarter of 2018, SCP spent about $8 million in operating expenditure and about $165 million in capital expenditure.
In the first quarter of 2018, SCP spent about $8 million in operating expenditure and about $165 million in capital expenditure.
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