VOL. XLV

No 34

26-August-2002

CASPIAN

Shah DenizGas Deliveries To Turkey Set Back MoreThan A Year

BPannounced on 19 August that sanctioning of the proposed South Caucasus Pipeline(SCP), the natural gas component of the East-West Energy Corridor, would bedelayed until October and that deliveries of Shah Denizgas to Turkey from Azerbaijan would not begin until mid-2006 instead of early 2005 as wasoriginally planned. According to BP, the $3.2bn Shah Denizproject, which includes construction of the...