BAKU, Azerbaijan, Oct.8
By Leman Zeynalova – Trend:
The progress in the second stage of development of Azerbaijan’s Shah Deniz field, one of the largest gas condensate fields in the world, has exceeded 95 percent, Ibrahim Ahmadov, deputy head of the Public Relations and Event Management Department at Azerbaijan’s state oil company SOCAR, told Trend.
“The launch of the Trans Adriatic Pipeline (TAP) is planned by the end of the year. The expansion of the South Caucasus Pipeline and the construction of the Trans Anatolian Natural Gas Pipeline (TANAP) have been fully completed,” he said.
The Southern Gas Corridor comprises the following four projects: (i) operation of Shah Deniz natural gas-condensate field ("SD1" project) and its full-field development ("SD2'" project), (ii) the operation of the South Caucasus Pipeline ("SCP" project) and its expansion ("SCPX" project), (iii) the construction of the Trans-Anatolian Natural Gas Pipeline ("TANAP" project) and (iv) the construction of the Trans Adriatic Pipeline ("TAP" project) (SD2, SCPX, TANAP and TAP collectively, the "Projects").
The Projects have an estimated investment cost of approximately $40 billion. Upon completion, the SD2 project will add a further 16 bcm of natural gas per annum to 10.9 bcma (maximum production capacity) already produced under SD1 project.
Total length of the newly constructed SCPX, TANAP and TAP pipelines will be more than 3,200 kilometres.
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