BP expects increase in capital expenditure on Baku-Tbilisi-Erzurum gas pipeline
Azerbaijan, Baku, August 10 / Trend E. Ismayilov /
The average daily gas volumes pumped through the Baku-Tbilisi-Erzurum pipeline amounted to 15 million cubic meters (93,000 barrels of oil equivalent) in the first six months, BP Azerbaijan's report said.
About 15 million cubic meters of gas (more than 92,000 barrels of oil equivalent) were pumped last year from the Shah Deniz field through the Baku-Tbilisi-Erzurum pipeline (South Caucasus Pipeline).
The report said that investments within the project during the January-June totaled $4.9 million.
Capital expenditure on the gas pipeline last year amounted to $7 million. This year is projected at $12.7 million.
About 5.2 billion cubic meters of gas were transported in 2009 through the Baku-Tbilisi-Erzurum pipeline compared to 4.7 billion cubic meters in 2008.
The length of the Baku - Tbilisi - Erzurum pipeline (South Caucasus Pipeline) is more than 700 kilometers. Power flow is more than 20 billion cubic meters of gas a year. Gas produced at gas-condensate field Shah Deniz in Azerbaijan sector of the Caspian Sea is transported through this pipeline. Gas is supplied to Georgia and Turkey. Azerbaijan also buys gas.