On June 3, 2025, a final investment decision has been reached by the Shah Deniz consortium for the expansion of the Shah Deniz gas field for the Shah Deniz Compression (SDC) project. The gas field is located in the Azerbaijan sector of the Caspian Sea. The $2.9 billion project is operated by BP p.l.c. (NYSE:BP), a global leader in energy production and innovation. BP p.l.c. (NYSE:BP) aims to enhance the recovery of low-pressure gas reserves through its involvement in the project. This underscores its commitment to advancing energy solutions in the region.
Aerial view of a natural gas fired power plant glowing against the night sky.
The SDC project will feature four 11-MW compressors and be located 3 kilometers from the existing Shah Deniz Bravo platform. The project aims to compress gas before exporting it to the Sangachal terminal. This project will enable extraction of an additional 50 billion cubic meters of gas and 25 million barrels of condensate.
While shaping the future of energy in Azerbaijan, BP p.l.c. (NYSE:BP), alongside partners like LUKOIL and TPAO, aims to create up to 4,000 local jobs. The project’s construction is expected to begin in late 2025, with commercial operation anticipated to start around 2029.
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