In the first quarter of 2021, the South Caucasus Pipeline (SCP) spent more than $13 million in operating expenditure and more than $2 million in capital expenditure in total, Report informs, citing BP-Azerbaijan.
During the quarter, the daily average throughput of SCP was 50.74 million cubic metres of gas per day, which is 17.14 million cubic metres or 51% more than the first quarter of 2020.
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.
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%).
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