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BP announces the start-up of Shah Deniz 2, Azerbaijan

02/07/2018

BP and its partners announced the start-up of Shah Deniz 2 on 30th June 2018, including its first commercial gas delivery to Turkey.

The BP-operated $28 billion project is the first subsea development in the Caspian Sea. At plateau, Shah Deniz 2 is expected to produce 16 billion cubic metres of gas per year (bcma) incrementally to current Shah Deniz production. 

Offshore, the project includes 26 subsea wells, a subsea production system, two bridge-linked offshore platforms and 500 km of subsea flowlines. The gas is transported to the onshore Sangachal terminal near Baku, which had new processing and compression facilities installed as part of the project. The project also includes expansion of the South Caucasus Pipeline in Azerbaijan and Georgia, and two new compressor stations and a metering station in Georgia. 

Shah Deniz 2 is the starting point for the Southern Gas Corridor series of pipelines that will deliver natural gas from the Caspian Sea direct to European markets for the first time from 2020.
 

Location Azerbaijan
Operator BP
Partners BP (28.8%), SOCAR (16.7%), PETRONAS (15.5%), Lukoil (10%), NICO (10%), TPAO (19%)
Project type Conventional gas
Peak annual average production ~310 mboed (gross)
~110 mboed (net)

 

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