SCP SPENT $31m IN FIRST HALF OF 2007, BP AZERBAIJAN
Bp Azerbaijan said during the first six months of this year it spent $31 million of the planned $62 million for capital expenditure on the South Caucasus Pipeline (SCP) activities in 2007.
The company said the pipeline has been operational since late 2006 transporting gas to Azerbaijan and Georgia from Shah Deniz Stage 1.
Following its commissioning the pipeline was successfully tied-in with the Turkish pipeline system at the Georgian - Turkish border and the first gas started to flow into BOTAS’s gas transportation system in July 2007.
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