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BP says SCP daily average throughput was 21.4 million cubic metres of gas per day in 1H 2017

17 August 2017 16:01 (UTC +04:00)

The South Caucasus Pipeline (SCP) daily average throughput was about 21.4 million cubic metres of gas per day during the first half of 2017, BP-Azerbaijan, which is one of the SCP operators, said in a report on Aug. 17.

The pipeline has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey, said the report.

The SCP has a dual operatorship with BP as the technical operator being responsible for construction and operation of the SCP facilities and SOCAR, as commercial operator, responsible for SCP's commercial operation.

In the first half of 2017, SCP spent about $14 million in operating expenditure and around $413 million in capital expenditure, according to the report.

The SCP Co. shareholders are: BP (28.8 per cent), AzSCP (10.0 per cent), SGC Midstream (6.7 per cent), Petronas (15.5 per cent), Lukoil (10 per cent), NICO (10 per cent) and TPAO (19 per cent).