BAKU, Azerbaijan, Nov.16
By Leman Zeynalova – Trend:
In the first three quarters of 2020, South Caucasus Pipeline (SCP) spent more than $35 million in operating expenditure and more than $8 million in capital expenditure in total, Trend reports with reference to BP Azerbaijan.
In the first three quarters of 2019, SCP spent about $33 million in operating expenditure and more than $28 million in capital expenditure in total.
During the three quarters of 2020, the daily average throughput of SCP was 32.6 million cubic metres of gas per day.
This is while during the first three quarters of 2019, the daily average throughput of SCP was about 28 million cubic metres of gas per day.
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%).
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