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South Caucasus Pipeline boosts gas transportation

Oil&Gas Materials 18 June 2022 09:25 (UTC +04:00)
South Caucasus Pipeline boosts gas transportation
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, June 18. Baku-Tbilisi-Erzurum (South Caucasus Pipeline) has transported 8.489 billion cubic meters of gas from January through May 2022, as compared to 7.066 billion cubic meters in the same period in 2021, Trend reports with reference to Azerbaijan’s State Statistical Committee.

As such, the volume of gas transportation via the South Caucasus Pipeline grew by more than 20 percent year-on-year.

Baku-Tbilisi-Erzurum accounted for 49.9 percent of gas transported through Azerbaijan’s main gas pipelines in the first five months of 2022, versus 48.3 percent in the same period in 2021.

Azerbaijan’s main gas pipelines transported 17.005 billion cubic meters from January through May 2022, as compared to 14.625 billion cubic meters in the same period in 2021, showing a 16.3 percent growth.

SCPC shareholders are: bp (29.99 percent), LUKOIL (19.99 percent), TPAO (19 percent), SOCAR (14.35 percent), NICO (10 percent) and SGC (6.67 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.

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