VOL. XLV

No 11

18-March-2002

CASPIAN

BP Awards FirstContracts For Sangachal Terminal Expansion

BPhas taken the first steps towards transforming the Sangachaloil terminal south of Bakuinto a regional oil and gas hub through which significant volumes ofhydrocarbons will eventually be transported to western markets. On behalf ofthe Azerbaijan International Operating Company (AIOC), the members of the Shah Deniz Production Sharing Agreement and the partners in theBaku-Tbilisi-Ceyhan (BTC) sponsor...