Middle East Economic Survey
VOL. LII
No 12
23-Mar-2009
CASPIAN
Shah Deniz Phase 2 Development Could Be Delayed By Transit Talks
BP has decided to postpone a decision on all technical aspects of the second phase of development of the Shah Deniz gas field offshore Azerbaijan subject to commercialization being in place, according to a 12 March Platts report. The report cited a BP source as saying that this is not a delay due to the economic crisis, this is due to the impasse on transit terms. Its...
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