In the first quarter of 2020, SCP spent about $12 million in operating expenditure and about $2 million in capital expenditure in total, respectively, up $3 million or 33.3% and down $15 million or 8.5-fold from the previous year, BP-Azerbaijan told Report.
During the quarter, the average daily throughput of SCP was 33.6 million cubic meters of gas per day, up 3.6 million cubic meters, or 12% from 2019.
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.
The SCP Co. shareholders are: BP (28.8%), TPAO (19.0%), AzSCP (10.0%), SGC Midstream (6.7%), PETRONAS (15.5%), LUKOIL (10.0%) and NICO (10.0%).