BAKU, Azerbaijan, May 1. In the first quarter of 2025, the South
Caucasus Pipeline Company (SCPC) spent around $18 million in
operating expenditure and $6 million in capital expenditure in
total, Trend reports.
This is while in the first quarter of 2024, the SCPC spent around
$17.3 million in operating expenditure and about $1.2 million in
capital expenditure in total. As such, opex and capex rose by more
than 4 percent and fivefold, respectively year-on-year.
The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Türkiye. The expanded section of the pipeline commenced commercial deliveries to Türkiye in June 2018 and to Europe in December 2020.
During the quarter, the daily average export throughput of the SCP was 60.8 million cubic metres of gas per day.
SCPC shareholders are: bp (29.99%), SGC (21.02%), LUKOIL (19.99%), TPAO (19.00%) and NICO (10.00%).
