In the first three quarters of 2019, South Caucasus Pipeline (SCP) spent about $33 million in operating expenditure and more than $28 million in capital expenditure in total, respectively up $6 million or 22.2% and down $280 million or 11-fold by contrast to a year earlier, BP-Azerbaijan told Report.
The daily average throughput of SCP and the South Caucasus Pipeline Expansion (SCPX) was more than 28 million cubic metres of gas per day during the first three quarters of 2019, which is $7 million or 33.3% more than 2018.
The daily average throughput of SCP was about 28 million cubic metres of gas per day during the first three quarters of 2019, which is $6 million or 27.3% more than 2018.
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 has a dual operatorship with BP as the technical operator being responsible for construction and operation of the pipeline facilities and SOCAR Midstream Operations, as commercial operator, responsible for the commercial operations of the pipeline.
The SCP Co. shareholders are: BP (28.8 per cent), TPAO (19.0 per cent), AzSCP (10.0 per cent), SGC Midstream (6.7 per cent), PETRONAS (15.5 per cent), LUKOIL (10.0 per cent) and NICO (10.0 per cent).