Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

CASPIAN

Socar Offers BP Option To Explore For Further Gas In Shah Deniz And ACG Fields

Azerbaijans state oil and gas company Socar has offered BP the option to explore for further gas in the Shah Deniz gas field and Azeri-Chirag-Guneshli (SCG) oil and gas fields complex in the Caspian Sea, Socar First Vice-President Khoshbakht Usifzade told reporters in Baku on 18 April. Shah Deniz is being developed by operator BP (25.5% equity) and...