Baku, Azerbaijan, Nov. 23
By Sara Israfilbayova - Trend:
Capital expenditure on the South Caucasus gas pipeline (Baku-Tbilisi-Erzurum) amounted to about $308 million in January-September 2018, as compared to $636 million a year before, says a BP report on its activity in Azerbaijan.
Operating expenditure on the gas pipeline totaled nearly $27 million during the period, while this figure was $21 million in January-September 2017.
According to the report, the South Caucasus Pipeline’s daily average throughput was about 22 million cubic meters of gas per day in January-September 2017.
On May 29, Baku hosted the launch ceremony of the first phase of the Southern Gas Corridor project.
The gas from the Azerbaijani Shah Deniz field has already gone through the first segment of the Southern Gas Corridor - from the Sangachal terminal to the expanded South Caucasus Pipeline. The next stage is the commissioning of the TANAP gas pipeline, through which gas will flow into Turkey and further to Europe.