Middle East Economic Survey

VOL. LIV

No 51

19-Dec-2011

CASPIAN

Shah Deniz To Reach EU Gas Pipeline Decision By June 2012

Azerbaijans Foreign Minister Elmar Mammadyarov told a conference in Brussels on 7 December that the Shah Deniz consortium will make its decision on the EU-bound export route for Stage 2 gas by the end of June 2012 at the latest. The only thing which we need to finalize, probably within the next six months, is precisely the route, he noted, adding that gas exports could...