SCP’s daily average throughput increases by 5%

Baku. 21 November. REPORT/ The South Caucasus Pipeline’s (SCP) daily average throughput was about 22 million cubic metres of gas per day during the first three quarters of 2018, up 1 million cubic metres or 4.76% in comparison to a year earlier, BP-Azerbaijan reported.

In the first three quarters of 2018, the South Caucasus Pipeline (SCP) spent about $27 million in operating expenditure (up 6 million or 28.57% from previous year) and more than $308 million in capital expenditure (down $328 million or 2.06-fold by contrast to 2017).

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).

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

The SCP has a dual operatorship with BP as the technical operator being responsible for construction and operation of the SCP facilities and SOCAR Midstream Operations, as commercial operator, responsible for SCP commercial operations.