BAKU, Azerbaijan, Jan.18
By Leman Zeynalova – Trend:
Azerbaijan’s gas exports via the South Caucasus Pipeline (Baku-Tbilisi-Erzurum) stood at 17.618 billion cubic meters in 2021, as compared to 12.267 billion cubic meters in 2020, Trend reports with reference to the country’s Statistical Committee.
The pipeline’s transportation saw a 43.6 percent increase year-on-year.
Reportedly, Azerbaijan’s main gas pipeline’s transported 35.108 billion cubic meters of gas last year, or 18.6 percent more than in 2020. Around 50.2 percent of this volume was pumped via the South Caucasus Pipeline.
The SCP Co. shareholders are: bp (28.8%), TPAO (19.0%), PETRONAS (15.5%), AzSCP (10.0%), NICO (10.0%), LUKOIL (10.0%) and SGC Midstream (6.7%).
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.
The transfer of technical operatorship was carried out in fulfilment of the obligations undertook in the revised SCPC Pipeline Owners’ Agreement, signed in December 2013 as part of the Final Investment Decision on the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects.
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