Industry and Energy

Home page

Industry and Energy

Amount of SCP expenditures announced

29 February 2016 13:57 (UTC +04:00)

Baku - APA-Economics. In 2015, The South Caucasus Pipeline (SCP) spent about $47.5 million in operating expenditure and about $1.1 billion in capital expenditure.

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

In 2015, SCP’s daily average throughput was 18.6 million cubic metres of gas 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 SOCAR, as commercial operator, is responsible for SCP's business administration.

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).