TODAY.AZ / Business

BP switches over to planned export volume via South Caucasus gas pipeline

10 February 2014 [16:13] - TODAY.AZ
BP company ( the technical operator of development of Azerbaijani gas condensate field Shah Deniz) has switched over to the normal volume of gas export via South Caucasus gas pipeline that were reduced as a result of problems in the Sangachal terminal in the afternoon on Feb.7, BP told Trend.

Currently, some 18.3 million cubic meters of gas is delivered to Turkey, around 2.5 million cubic meters - to Georgia and some 5.4 million cubic meters - to Azerbaijan.

The length of the Baku-Tbilisi-Erzurum pipeline (South Caucasus pipeline) is more than 700 kilometres. The gas, which is produced at the Shah Deniz gas and condensate field in Azerbaijani sector of the Caspian Sea, is transported via the pipeline from the Sangachal terminal. The gas is supplied to Georgia and Turkey. Azerbaijan also purchases the gas.

The participants of the South Caucasus Pipeline include (new share distribution after the sale and purchase transactions): BP (operator) - 28.8 percent, Statoil - 15.5 percent, NICO - 10 percent, Total - 10 percent, Lukoil - 10 percent, TPAO - nine percent, SOCAR - 16.7 percent.

In 2013 the South Caucasus pipeline transported some 4.7 billion cubic meters of gas, compared to four billion cubic meters in 2012, according to Azerbaijani State Statistics Committee.

The second phase of development of the Shah Deniz field envisages expanding the South Caucasus pipeline. The project on expansion of the pipeline in Azerbaijan includes the construction of an additional pipeline with a 48 inch of thickness. The expansion of the pipeline in Georgia will be provided through the construction of two powerful compressor stations.

Currently, the real capacity of the South Caucasus pipeline exceeds eight billion cubic meters per year. Following the expansion, the pipeline will be able to transport an additional 16 billion cubic meters of gas per year.
URL: http://www.today.az/news/business/130774.html

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