Transcript Energy Outlook 2030

The Southern Gas Corridor to Europe –
Progress
Bud Fackrell - President, BP Turkey
Rationale for the Southern Corridor
bcma
European gas demand
bcma
European gas suppliers
SD2 and future SC volumes can fill in the gap
Source: BP Energy Outlook 2035, January 2015
The Southern Gas Corridor
SLOVAKIA
AUSTRIA
HUNGARY
SLOVENIA
ROMANIA
CROATIA
BOSNIA
HERZEGOVINA
SERBIA
BLACK SEA
MONTENEGRO
ALBANIA
ITALY
BULGARIA
CASPIAN
SEA
GEORGIA
F.Y.R.O.M.
AZERBAIJAN
GREECE
TURKEY
IRAN
MALTA
Trans-Adriatic Pipeline
(TAP)
FLUXYS
BP
MEDITERRANEAN SEA
19%
AXPO
20%
5%
20%
16%
20%
Trans-Anatolian Pipeline
(TANAP)
BOTAS
CYPRUS BP
LEBANON
12%
30%
58%
SOCAR
ISRAEL
JORDAN
ENAGAS
LIBYA
.
Statoil
EGYPT
SOCAR
SYRIA
Shah Deniz 2 and SCP
expansion
IRAQ
TPAO
BP
Shah Deniz Field
19%
28.8%
10%
NICO South
Caucasus Pipeline Expansion (SCPX)
10%
16.7%
15.5%
LUKoil Trans Anatolian Pipeline (TANAP)
Trans Adriatic Pipeline (TAP)
Petronas
Interconnector Greece Bulgaria (IGB)
SOCAR
Progress since Final Investment Decision
– SD2 & SCPX
•
Project progress at circa 35%
•
Major contracts awarded worth ~$10bln
•
Seven production wells completed in
preparation for first gas
•
Jacket, deck and living quarters fabrication
started and yard upgrades completed
•
Land for the first 200 km acquired in
Azerbaijan
•
Construction of Compressor Station 1 in
Georgia commenced and first shipment of
pipe received
•
162 equipment suppliers from 23 different
countries
•
More than 9,500 people working across all
main contracts, 90% of them Azerbaijanis
and Georgians
SD2 jacket leg taking shape at the Baku Deepwater Jacket Factory (BJDF)
Sections of pipe ready at pipe storage facility in Azerbaijan.
4
Progress since Final Investment Decision
– TANAP & TAP
TANAP
• Detailed engineering underway
• Line pipe and bends contracts awarded
• 56’’ onshore pipeline construction contracts
awarded
• Early works activities nearing completion
• Land Acquisition reported as complete for the
first 100 km of each spread
• Ground breaking ceremony on 17 March
One of the TANAP construction camps.
TAP
• One-year start-up window confirmed in
support of January 2020 start
• Project Management Contract for Onshore
scope awarded to Technip
• Procurement and contracting getting
underway
• Key contract for construction of Roads &
Bridges in Albania awarded
TAP has invited companies to pre-qualify for offshore
pipeline construction (105 km) & line pipes.
5
Future potential
South Caspian basin: gas fields and prospects
Shah
Deniz
ACG (oil)
ACG Deep (gas)
Absheron
Umid
Babek
Shafag Asiman
6
The Southern Gas Corridor to Europe –
Progress
Bud Fackrell - President, BP turkey