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Developing the Southern Corridor. Al Cook – Vice President, Shah Deniz Development. Shah Deniz timeline. TANAP IGA signed in Turkey. EU- Azerbaijan MoU on Southern Corridor. Shah Deniz discovery. Stage 1 First Gas. Stage 2 gas sales contracts with Europe. Stage 2
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Developing the Southern Corridor Al Cook – Vice President, Shah Deniz Development
Shah Deniz timeline TANAP IGA signed in Turkey EU- Azerbaijan MoU on Southern Corridor Shah Deniz discovery Stage 1 First Gas Stage 2 gas sales contracts with Europe Stage 2 First Gas planned for 2018 1996 1999 2003 2004 2006 2007 2008 2010 2011 2012 2013 ---- 2018 2019 Deliveries of gas to Europe planned for 2019 FID on Stage 1 Shah Deniz Deep discovery Stage 2 gas sales contracts with Turkey Stage 2 FID planned for Dec 2013 PSA signed x x
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
Investment Technology Project coordination Experience The role of BP