No 48



Socar VP Says Shah Deniz Approval Expected In February

The vice president of Azerbaijans state-owned oil company Socar, Ilham Aliyev, son of President Haydar Aliyev, said on 18 November that differences over the cost for the development of the Shah Deniz gas project had been resolved but that some members of the consortium still had their doubts. Mr Aliyev told Interfax that changes in the concept of the project had pushed the cost to $3.2bn, but that there...