Bank Of Baku

SCP transports 20.1 million cubic meters of gas per day

SCP transports 20.1 million cubic meters of gas per day
# 22 August 2016 12:58 (UTC +04:00)

Baku – APA-Economics. The daily average throughput of the South Caucasus Pipeline (SCP) was about 20.1 million cubic metres of gas per day in the first half of 2016.

 

In the first half of 2016, SCP spent about $13 million in operating expenditure and around $498 million in capital expenditure.

 

The pipeline has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey.

 

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). 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, responsible for SCP's commercial operation.

 

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THE OPERATION IS BEING PERFORMED