In the first half of 2018, the South Caucasus Pipeline’s (SCP) daily average throughput was about 21 million cubic metres of gas per day during the first half of 2018.
According to BP-Azerbaijan, the pipeline has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey.
SCP spent $18 million in operating expenditure and about $241 million 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 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).