Middle East Economic Survey

VOL. LIV

No 40

3-Oct-2011

CASPIAN

BP Reveals Fourth Pipeline Option For Shah Deniz 2 Gas

Less than a week before the 1 October deadline for the submission of comprehensive tariff biddings for export of 10 bcm/year of gas to Europe from the Shah Deniz Stage 2 development, BP, development operator of the Shah Deniz consortium, revealed the existence of a fourth export option, in addition to the competing Nabucco, Interconnector Turkey-Greece-Italy (ITGI) and...