SCP's daily average throughput increased in 2016

SCP's daily average throughput increased in 2016
  • Clock-gray 13:54
  • calendar-gray 21 February 2017

The South Caucasus Pipeline’s (SCP) daily average throughput was 19.9 million cubic metres of gas per day during 2016 (18.6 million cubic metres in 2015).

 

According to BP-Azerbaijan, the pipeline has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey.

 

In 2016, SCP spent about $27 million in operating expenditure and around $974 million in capital expenditure. In 2015 the pipeline spent about $47.5 million in operating expenditure and around $1.1 billion in capital expenditure.

 

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.

 

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). 

 


 

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