Transcript Energy Outlook 2030

Developing the Southern Corridor
Al Cook – Vice President, Shah Deniz Development
Shah Deniz timeline
Shah
Deniz
discovery
Stage 1
First Gas
1996 1999 2003 2004 2006 2007 2008 2010
EUAzerbaijan
MoU on
Southern
Corridor
TANAP
IGA
signed in
Turkey
Stage 2
gas sales
contracts
with
Europe
Stage 2
First Gas
planned
for 2018
2011 2012 2013 ---- 2018 2019
x
PSA
signed
FID on
Stage 1
Stage 2
gas sales
contracts
with
Turkey
Shah
Deniz
Deep
discovery
x
Stage 2
FID
planned
for Dec
2013
Deliveries
of gas to
Europe
planned for
2019
South Caspian Basin: fields and prospects
ACG (oil)
ACG Deep (gas)
Shah Deniz &
Shah Deniz Deep
Absheron
Umid
Babek
Shafag Asiman
Caspian Sea
The Southern Corridor
Shah Deniz Field
South Caucasus Pipeline Expansion (SCPX)
Trans Anatolian Pipeline (TANAP)
Trans Adriatic Pipeline (TAP)
Existing Pipelines
4
The role of BP
Technology
Investment
Project coordination
Experience