$61 million spent on South Caucasus Pipeline for Jan-Sept

15:15 - 6.11.2019


November 6, Fineko/abc.az. Over the first 9 months about $33 million of operating expenses and $28 million of capital expenditures were made in activities relating to the South Caucasus Pipeline (SCP) and the expanded pipeline (RSCP).

ABC.AZ informs on the occasion with reference to BP Azerbaijan.

For Jan-Sept 2019 the average daily capacity of the SCP exceeded 28 million cu m.

SCP project includes two operators - BP is the technical operator responsible for the construction and operation of the SCP facilities, while SOCAR Midstream Operations is the commercial operator responsible for commercial pipeline operations.

The SCP investors are BP (28.8%), TPAO (19%), AzSCP (10%), Southern Gas Corridor Midstream (6.7%), PETRONAS (15.5%), LUKOIL (10%), and NIKO (10%).

 

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