BAKU, Azerbaijan, Aug. 6
By Zeyni Jafarov - Trend:
The daily average throughput of the South Caucasus Pipeline (SCP) was 46.51 million cubic metres of gas per day during the first half of 2021 compared to 32.8 million cubic meters in the same period of 2020, Trend reports on Aug. 6 referring to BP.
SCP spent around $27 million in operating expenditure and around $11 million in capital expenditure in total in the first half of 2021.
The operating expenses and capital expenditures reached $22 million and $5 million, respectively, in the first half of last year.
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 and to Europe in December 2020.
The SCP Co. shareholders are: BP (28.8 percent), TPAO (19.0 percent), PETRONAS (15.5 percent), AzSCP (10.0 percent), NICO (10.0 percent), LUKOIL (10.0 percent) and SGC Midstream (6.7 percent).
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