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Developing the Southern Corridor Al Cook – Vice President, Shah Deniz Development.

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Presentation on theme: "Developing the Southern Corridor Al Cook – Vice President, Shah Deniz Development."— Presentation transcript:

1 Developing the Southern Corridor Al Cook – Vice President, Shah Deniz Development

2 Shah Deniz timeline x x 1996 1999 2003 2004 2006 2007 2008 2010 2011 2012 2013 ---- 2018 2019 Shah Deniz discovery PSA signed FID on Stage 1 Stage 1 First Gas Shah Deniz Deep discovery Stage 2 gas sales contracts with Turkey EU- Azerbaijan MoU on Southern Corridor TANAP IGA signed in Turkey Stage 2 First Gas planned for 2018 Stage 2 FID planned for Dec 2013 Deliveries of gas to Europe planned for 2019 Stage 2 gas sales contracts with Europe

3 South Caspian Basin: fields and prospects Babek Shafag Asiman Absheron Shah Deniz & Shah Deniz Deep ACG (oil) ACG Deep (gas) Umid Caspian Sea

4 4 The Southern Corridor Shah Deniz Field South Caucasus Pipeline Expansion (SCPX) Trans Anatolian Pipeline (TANAP) Trans Adriatic Pipeline (TAP) Existing Pipelines

5 The role of BP Investment Technology Project coordination Experience

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