Baku, Azerbaijan, June 3
By Maksim Tsurkov - Trend:
The work to expand the Sangachal Terminal and the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) is proceeding in line with the approved plan and budget, Gordon Birrell, BP's Regional President for Azerbaijan, Georgia and Turkey, told reporters June 3.
Currently, the total capacity of the technical processing systems at the Sangachal Terminal stands at 1.2 million barrels of oil per day, and for the gas from the Shah Deniz field this figure is 29.5 million cubic meters per day (along with the associated gas from the Azeri-Chirag-Guneshli block the terminal's total processing capacity stands at 49.3 million cubic meters per day).
Birrell said that 31 percent of all the work on the gas pipeline's expansion has already been completed. The gas pipeline's capacity is an average of 21 million cubic meters of gas per day.
According to BP's report on operations in Azerbaijan in Q1 2015, a total of 40,000 pipe sections will be delivered to Azerbaijan throughout this year, as part of the expansion of the South Caucasus Pipeline.
The length of the South Caucasus Pipeline exceeds 700 kilometers. It transports gas produced at the Shah Deniz gas and condensate field in the Azerbaijani sector of the Caspian Sea.
The gas is delivered to Georgia and Turkey.
The contract for development of the Shah Deniz offshore field was signed on June 4, 1996. The field's reserve is estimated at 1.2 trillion cubic meters of gas. The shareholders are: BP, operator (28.8 percent), AzSD (10 percent), SGC Upstream (6.7 percent), Petronas (15.5 percent), Lukoil (10 percent), NICO (10 percent) and TPAO (19 percent).
Edited by SI
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