South Caucasus Pipeline’s Operating Costs Hit $71M in 2025

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South Caucasus Pipeline’s Operating Costs Hit $71M in 2025

In 2025, the South Caucasus Pipeline (SCP) reported operating costs of approximately $71 million, according to a business update from BP-Azerbaijan on behalf of its co-venturers, as reported by Report.

This represents a decrease of $10 million, or 12.3%, compared to 2024. Last year, capital expenditures for the pipeline amounted to $38 million, up $18 million, or 90%, from the previous year, The Caspian Post reports, citing local media.

The average daily throughput for exports via the SCP in 2025 was 63.7 million cubic meters, an increase of 0.9 million cubic meters, or 1.4%, compared to 2024.

The SCP was commissioned at the end of 2006 and transports Shah Deniz gas to Azerbaijan, Georgia, and Türkiye. Commercial deliveries to Türkiye via the SCP system began in June 2018, while deliveries to Europe started in December 2020.

SCP investors include BP (29.99%), LUKoil (19.99%), South Gas Corridor (21.02%), TPAO (19.00%), and NIKO (10.00%).

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South Caucasus Pipeline’s Operating Costs Hit $71M in 2025

In 2025, the South Caucasus Pipeline (SCP) reported operating costs of approximately $71 million, according to a business update from BP-Azerbaijan on behalf of its co-venturers, as reported by Report.