BAKU, Azerbaijan, Nov.5
By Leman Zeynalova – Trend:
During the three quarters of 2021, the daily average throughput of the South Caucasus Pipeline (SCP) was 46.8 million cubic metres of gas per day, as compared to 32.6 million cubic metres of gas per day in the same period in 2020, Trend reports with reference to bp.
As such, SCP’s daily average throughput rose by 43.5 percent year-on-year.
The SCP Co. shareholders are: bp (28.8 percent), TPAO (19 percent), PETRONAS (15.5 percent), AzSCP (10 percent), NICO (10 percent), LUKOIL (10 percent) and SGC Midstream (6.7 percent).
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 and to Europe in December 2020.
On 1 August 2021 the transition of the technical operatorship of the South Caucasus Pipeline Company (SCPC) from BP Exploration (Shah Deniz) Limited to SOCAR Midstream Operations LLC was finalized. The transition process which started in March 2020 was successfully completed in July 2021. Despite the challenges caused by COVID-19 bp and SOCAR worked in close collaboration to effectively implement all the aspects of the process
---
Follow the author on Twitter: @Lyaman_Zeyn