Energy 路 Azerbaijan

About how much did BP report for Shah Deniz 2 plus its pipeline expansion?

Shah Deniz 2 is the second stage of the Caspian gas-field development offshore Azerbaijan. BP described a US$28 billion combined development when production began in 2018: offshore and onshore Shah Deniz facilities plus expansion of the South Caucasus Pipeline, not the whole Southern Gas Corridor.

Reported project cost

$28 billion

Cost basis: 2018

Key oil and natural gas infrastructure in Azerbaijan
U.S. Energy Information AdministrationPublic domain

Cost evidence

Basis of the published figure

Reported project cost2018
bp.com

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