BAKU, Azerbaijan, August 7. In the first six months of 2025, the SCPC (South Caucasus Pipeline) spent around $36 million in operating expenditure and $12 million in capital expenditure in total, Trend reports via bp.
This is while the operating expenditure in 1H 2024 amounted to $37.3 million and capital expenditure stood at about $8 million.
As such, the opex on SCP dropped by 3.5 percent, while the capex rose by 50 percent year-on-year.
During the first half, the daily average export throughput of the SCP was 62.4 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%).
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.
