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The Southern Corridor John Baldwin.

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Presentation on theme: "The Southern Corridor John Baldwin."— Presentation transcript:

1 The Southern Corridor John Baldwin

2 Growing demand for gas Global energy demand Global energy supply
1990 2000 2010 2030 2020 6 9 12 15 18 3 Billion toe 1990 2000 2010 2030 0% 10% 20% 30% 40% 50% 2020 Oil Coal Gas Hydro Nuclear Renewables Non-OECD OECD 2 Source: BP Energy Outlook 2030

3 Europe: dependence on imports
European gas demand European gas suppliers bcma bcma 700 700 600 600 500 500 400 400 300 300 200 200 100 100 2010 2015 2020 2025 2030 2010 2015 2020 2025 2030 Turkey Netherlands Southern Corridor Russia SE Europe Germany LNG Domestic production Italy France Algeria/Libya Other Europe United Kingdom Spain 3 Source: CERA Source: BP Energy Outlook 2030

4 South Caspian basin: gas fields and prospects
Babek Shafag Asiman Absheron Shah Deniz ACG (oil) ACG Deep (gas) Umid Shah Deniz Deep 4

5 Scope of Shah Deniz Contracts to sell gas to Turkey and Europe
16 bcma additional export capacity to Georgian/Turkish border Two new bridge linked platforms provide 16 bcma offshore processing Existing Stage 1 Platform To European markets More than 1,000km of transit pipeline across Turkey New terminal at Sangachal with compressors for Shah Deniz and SCP 500 km of subsea flowlines in up to 550m water depth 25-30 subsea wells drilled with 2 semi-submersible rigs 5

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

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