Azerbaijan, Baku, Nov. 19 / Trend /
South Caucasus Pipeline throughput during the first nine months of 2009 was about 14 million cubic meters (510 million cubic feet) of gas per day or more than 91,000 barrels of oil equivalent per day, BP report on results of 3 quarters of 2009 said.
During the first nine months of 2009, $2 million was spent on capital expenditures on SCP activities.
The pipeline has been operational since late 2006 transporting gas to Azerbaijan and Georgia, and starting July 2007 to Turkey from Shah Deniz Stage 1.
The SCP has a dual operatorship with BP as the technical operator being responsible for construction and operation of the SCP facilities and Statoil, as commercial operator, is responsible for SCP's business development and administration.
The SCP Co. shareholders are: BP (technical operator - 25.5%), Statoil (commercial operator - 25.5%), Azerbaijan SCP Ltd. (10%), LUKOIL (10%), NICO (10%), Total (10%), and TPAO (9%).