The Shah Deniz consortium has commenced commercial gas deliveries to Turkey from the Shah Deniz 2 development project. The consortium is comprised of BP (operator), SOCAR, TPAO, PETRONAS, LUKOIL, NICO and SGC.
The Shah Deniz 2 project is being delivered safely, on schedule and within budget. It is the starting point of the new Southern Gas Corridor, which will deliver Caspian resources directly to European gas markets for the first time. At plateau, the project is expected to add 16 billion cubic meters of gas per year (bcma) to the existing production. Total production from the Shah Deniz field will be up to 26 bcma of gas and up to 120,000 barrels of condensate a day.
Shah Deniz 2 of Azerbaijan represents the first subsea field development in the Caspian Sea – the largest subsea infrastructure which BP operates in the world. With an investment of approximately US$28 billion, the project is comprised of a planned total of at least 26 subsea wells; two bridge-linked platforms; 500km of subsea pipelines and flowlines; major expansion at the Sangachal Terminal near Baku; and an expansion of the South Caucasus Pipeline that includes 428 km of new pipeline through Azerbaijan, 59 km of new pipeline and two new compressor stations in Georgia.
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1st August 2018