BAKU, Azerbaijan, May 12
By Leman Zeynalova – Trend:
In the first quarter of 2020, South Caucasus Pipeline (SCP) spent about $12 million in operating expenditure and about $2 million in capital expenditure in total, Trend reports with reference to BP Azerbaijan.
In the first quarter of 2019, SCP and South Caucasus Pipeline Expansion (SCPX) spent about $9 million in operating expenditure and more than $17 million in capital expenditure in total.
During the quarter, the daily average throughput of SCP was 33.6 million cubic metres of gas per day.
The SCP has been operational since late 2006, transporting Shah Deniz gas to Azerbaijan, Georgia and Turkey. The expanded section of the pipeline commenced commercial deliveries to Turkey in June 2018.
The SCP Co. shareholders are: BP (28.8 percent), TPAO (19 percent), AzSCP (10 percent), SGC Midstream (6.7 percent), PETRONAS (15.5 percent), LUKOIL (10 percent) and NICO (10 percent).
Follow the author on Twitter: @Lyaman_Zeyn