In 2021, the SCP spent around $54 million in operating expenditure and more than $12 million in capital expenditure in total, which is 15% more in compariosn to the indicator of 2020, APA-Economics reports citing report published by BP (project operator) on the results of operations in Azerbaijan in 2021.
The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey. The expanded section of the pipeline commenced commercial deliveries to Turkey in June 2018 and to Europe in December 2020.
During 2021, the daily average export throughput of the SCP was 48.5 million cubic metres of gas per day.
On 1 August 2021, the transition of the technical operatorship of the South Caucasus Pipeline Company (SCPC) from BP Exploration (Shah Deniz) Limited to SOCAR Midstream Operations LLC was finalized. The transition process which started in March 2020 was successfully completed in July 2021. Despite the challenges caused by COVID-19, bp and SOCAR worked in close collaboration to effectively implement all the aspects of the process.
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