In Q1, capital costs for Azeri-Chirag0Guneshli, South-Caucasus pipeline, Baku-Tbilisi-Ceyhan and Shah-Deniz exceeded $1.8 billion
Edited by Rhod Mackenzie / 2015-05-14 01:10:02
Azerbaijan Azeri-Chirag-Gyuneshli Oil and Gas Azerbaijan Oil and Gas Baku-Tbilisi-Ceyhan Gas Oil Pipelines
In the first quarter of 2015. capital expenditure on projects of Azeri-Chirag-Guneshli (ACG), South-Caucasus pipeline (SCP), Baku-Tbilisi-Ceyhan (BTC) and Shah Deniz, which are operated by BP, amounted to $1.819 billion, BP-Azerbaijan reports.
Capital expenditures on the ACG project made up $470 million, BTC - $4 million, Shah Deniz - $1.1 billion, and the SPC project - $245 million.