Last year, the operational expenses of the South Caucasus Pipeline (SCP) amounted to approximately $81 million, while capital expenditures reached around $20 million, reflecting an annual increase of 4.2% and 45%, respectively, APA-Economics reports citing BP's annual report on its operations in Azerbaijan.
The South Caucasus Pipeline (SCP) was commissioned in late 2006, delivering Shah Deniz gas to Azerbaijan, Georgia, and Türkiye. The South Caucasus Pipeline Expansion (SCPX) system began transporting commercial gas volumes to Türkiye in June 2018 and to Europe in December 2020.
According to the report, the SCP’s average daily export throughput last year was 62.8 million cubic meters.
The investors in the South Caucasus Pipeline Company (SCPC) are: BP (operator – 29.99%), SGC (Southern Gas Corridor – 21.02%), LUKOIL (19.99%), TPAO (19%), and NICO (10%).
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