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Shah Deniz Stage Two, Caspian Sea

Ownership

BP (28.8%), SOCAR (16.7%), Statoil (15.5%), Total (10%), Lukoil (10%), NICO (10%) and TPAO (9%)

Operator

BP

Final Investment Decision (FID) Announced

December 2013

First Production

2018

Reserves

40 trillion cubic feet (one trillion cubic metres) of gas

Stage 2 Production Capacity

16 billion cubic metres per year (bcma) of gas and 120,000 barrels per day of condensate

Investment

$28bn

Export Pipelines

South Caucasus Pipeline (SCP), Trans Anatolian Pipeline (TANAP) and Trans Adriatic Pipeline (TAP)
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