Baku, Azerbaijan, Feb.11
By Leman Zeynalova – Trend:
The work on South Caucasus Pipeline Expansion, which is a part of the Southern Gas Corridor project, is nearing full completion, Azerbaijan’s state oil company SOCAR told Trend.
This is while the part of the project related to transportation of the first gas is 100 percent complete, according to the company.
As for the second phase for development of Azerbaijan’s Shah Deniz gas and condensate field (Shah Deniz 2), the part of the project related to production of the first gas was fully implemented as of late December 2018, said SOCAR.
“The total progress in providing the project with necessary equipment is 92.5 percent,” said the company.
SOCAR said that the project for construction of the Trans Anatolian Natural Gas Pipeline (TANAP), including the pipeline’s second major part running to the Turkish-Greek border, is more than 99 percent complete.
“The overall progress in the implementation of the Trans Adriatic Pipeline (TAP) has exceeded 84 percent. TANAP and TAP were connected in late 2018,” said the company.
Southern Gas Corridor envisages transportation of 10 billion cubic meters of Azerbaijani gas from the Caspian region through Georgia and Turkey to Europe.
On May 29, 2018 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 Southern Gas Corridor project aims to increase and diversify European energy supply by bringing gas resources from the Caspian Sea to markets in Europe. The Southern Gas Corridor comprises the following four projects: (i) operation of Shah Deniz natural gas-condensate field ("SD1" project) and its full-field development ("SD2'" project), (ii) the operation of the South Caucasus Pipeline ("SCP" project) and its expansion ("SCPX" project), (iii) the construction of the Trans-Anatolian Natural Gas Pipeline ("TANAP" project) and (iv) the construction of the Trans Adriatic Pipeline ("TAP" project) (SD2, SCPX, TANAP and TAP collectively, the "Projects").
The Projects have an estimated investment cost of approximately $40 billion.
Upon completion, the SD2 project will add a further 16 bcm of natural gas per annum to 10.9 bcma (maximum production capacity) already produced under SD1 project.
Total length of the newly constructed SCPX, TANAP and TAP pipelines will be around 3,206 kilometers.
---
Follow the author on Twitter: @Lyaman_Zeyn