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BP

BP and its partners in the Shah Deniz consortium announced the startup of the Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. The BP-operated $28-billion project is the first subsea development in the Caspian Sea. It is also the starting point for the Southern Gas Corridor series of pipelines that will deliver natural gas from the Caspian Sea direct to European markets. Shah Deniz is the largest gas discovery ever made by BP. The first phase of field development, Shah Deniz 1, began production in 2006 and currently supplies gas to Azerbaijan, Georgia, and Turkey. Shah Deniz 2 is BP’s largest new upstream project in 2018. Together with output from the first phase of development, total production from the Shah Deniz field will be up to 26 billion m3 per year of gas and up to 120,000 B/D of condensate.


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