BP and its companions within the Shah Deniz consortium in the present day introduced the start-up of the landmark Shah Deniz 2 gasoline improvement in Azerbaijan, together with its first business gasoline supply to Turkey.

The BP-operated $28-billion challenge is the primary subsea improvement within the Caspian Sea and the most important subsea infrastructure operated by BP worldwide. It can also be the start line for the Southern Gas Corridor collection of pipelines that can for the primary time ship pure gasoline from the Caspian Sea direct to European markets.

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BP group CEO Bob Dudley stated: “Shah Deniz 2 is likely one of the greatest and most complicated new power tasks anyplace on this planet, comprising main offshore, onshore and pipeline developments. BP and our companions have safely and efficiently delivered this multi-dimensional challenge as designed, on time and on finances.

Shah Deniz 2 is BP’s largest new upstream challenge in 2018, and, following Atoll in Egypt, is the second of six challenge start-ups anticipated for the 12 months. This string of developments will observe from 2017’s seven main challenge completions and is essential to delivering the 900,000 boe new manufacturing that BP expects from new upstream main tasks by 2021.

At plateau, Shah Deniz 2 is anticipated to supply 16 Bcm per 12 months incrementally to present Shah Deniz manufacturing. Together with output from the primary part of improvement, whole manufacturing from the Shah Deniz subject can be as much as 26 Bcm of gasoline and as much as 120,000 bbl of condensate a day.

Offshore, the Shah Deniz 2 challenge contains 26 subsea wells, 500 km of subsea pipelines and flowlines and two new bridge-linked platforms. Gas is transported onshore by an 85-km pipeline to the Sangachal terminal close to Baku, which underwent a significant growth to accommodate the brand new elevated gasoline output. The challenge additionally contains the brand new South Caucasus pipeline growth – 428 km of latest pipeline in Azerbaijan and 59km in Georgia, together with two new compressor stations – carrying Shah Deniz gasoline to Turkey.

Bernard Looney, BP’s chief government, Upstream, stated: “Bringing this large challenge on-line throughout the schedule and finances we set out at sanction 4½ years in the past is additional proof of our concentrate on environment friendly and disciplined challenge execution. As our largest start-up for the 12 months, Shah Deniz 2 can also be an important milestone in delivering our plans for development, together with from our pipeline of latest higher-margin tasks.”

“As will be seen from our current agreements, we anticipate to be working in Azerbaijan for many years to come back and we proceed to see alternatives to work with the nation to additional discover and develop its important sources,” he added.

The improvement is a significant milestone within the creation of the brand new Southern Gas Corridor which, as soon as accomplished, will transport Caspian gasoline instantly into the guts of European markets for the primary time. From the South Caucasus pipeline, gasoline is transported throughout Turkey by the brand new Trans-Anatolian Pipeline (TANAP), which was inaugurated earlier this month, and, when full, the Trans-Adriatic Pipeline (TAP) will then provide gasoline so far as Greece, Albania and Italy. Commercial deliveries to Europe are anticipated to begin in 2020.

Shah Deniz, situated within the Caspian Sea offshore Azerbaijan, is the most important gasoline discovery ever made by BP. Discovered in 1999, the enormous subject was estimated to carry roughly 1 Tcm of gasoline and covers roughly 860 km2, roughly the identical measurement and form of Manhattan Island. The first part of subject improvement, Shah Deniz 1, started manufacturing in 2006 and presently provides gasoline to Azerbaijan, Georgia and Turkey.

At peak, the Shah Deniz 2 improvement, which was sanctioned in 2013, supported greater than 30,000 jobs in Azerbaijan and Georgia and in whole included over 180 million hours of labor.

Source: www.worldoil.com

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