News
BP Exploration / KBR
Shah Deniz Stage 2, or Full Field Development (FFD) is a giant project that will add a further 16 billion cubic meters per year (bcma) of gas production to the approximately 9 bcma produced by Shah Deniz Stage 1. Around $28 billion capital investment will be required to produce the gas and transport it to the Georgia-Turkey border. From there additional pipeline systems are planned to deliver 6 bcma of gas to Turkey and a further 10 bcma of gas to markets in Europe. Shah Deniz Stage 2, one of the largest gas developments in the world, will help increase energy security of European markets through the opening of the new Southern Gas Corridor.
The current concept for Shah Deniz Stage 2 includes: Transportation of Shah Deniz gas from the Caspian Sea across 3,500 kilometres to Europe requires enhancement of some existing infrastructure and development of a chain of new pipelines. First gas is targeted for late 2018, with supplies to Georgia and Turkey; gas deliveries to Europe are expected just over a year after first gas is produced offshore Azerbaijan. Project information courtesy of www.bp.com