Exploration & Production

BP starts up Shah Deniz 2

BP has started up Phase 2 of its Shah Deniz development in Azerbaijan, the company announced on Monday.
By Staff reporter 2 July 2018 0 31553

BP has started up Phase 2 of its Shah Deniz development in Azerbaijan, the company announced on Monday.

The $28 billion project is expected to deliver gas from the Caspian Sea to Turkey and Europe through the pipelines that form the Southern Gas Corridor.

Shah Deniz 2 is expected to produce 16 billion cubic metres per year of gas. Combined, the two phases of Shah Deniz are expected to produce up to 26 bcm/y of gas and up to 120,000 barrels of condensate per day.

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