South Caucasus Pipeline’s daily average throughput makes 12 million cubic metres of gas

 South Caucasus Pipeline’s daily average throughput makes 12 million cubic metres of gas
# 07 August 2013 09:39 (UTC +04:00)

Baku. Agshin Rafigoglu - APA-Economics. During the first half of 2013, SCP spent about $5 million in capital expenditures. For the full year it is planned to spend over $13 million in SCP capital expenditures, BP-Azerbaijan told APA-Economics.

 

The pipeline has been operational since late 2006 transporting gas to Azerbaijan and Georgia, and starting July 2007 to Turkey from SD Stage 1.

 

During the first half of 2013, SCP’s daily average throughput was about 12 million cubic metres (about 421 million cubic feet) of gas or about 73,000 barrels of oil equivalent per day.

 

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

 

Note that, the SCP Co. shareholders are: BP (technical operator – 25.5%), Statoil (commercial operator - 25.5%), Azerbaijan SCP Ltd. (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).

 

 

 

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