CASPIAN/TURKEY

 

BP To Take ‘Substantial’ Stake In TAP Pipeline

As the Southern Gas Corridor pipeline competition heats up, BP has announced that it is close to buying into the Trans Adriatic Pipeline (TAP) project. BP is already promoting the South East European Pipeline (SEEP), which effectively replicates the Nabucco’s European route from Turkey to Hungary. Al Cook, BP's Vice-President for Shah Deniz Development, told Dow Jones on 27 June that BP has...