The South Caucasus Pipeline Company (SCPC) has announced that as from 20 March 2020, technical operatorship of the South Caucasus pipeline (SCP) has been transferred from BP Exploration (Shah Deniz) Limited to SOCAR Midstream Operations Limited, a fully-owned subsidiary of SOCAR. The South Caucasus Pipeline is one of the key sections of the Southern Gas Corridor. This is in accordance with the revised SCP Pipeline Owners' Agreement, signed in December 2013 as part of the final investment decision on the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The agreement provides for SOCAR to become the technical operator of SCP on the first anniversary of the SCPX construction completion date.
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