VOL. XLIII
No. 37
11-September-2000
CASPIAN
Statoil Plans $375Mn Investment In Azerbaijan, Ready To Join MEPCO
The new head of Statoil's operations in the Caspian, Rolf Magne Larsen, announced on 30 August that the Norwegian company intends to invest $375mn in Azerbaijan over the next 10 years and said that Statoil was ready to join the proposed Main Export Pipeline Company (MEPCO), the formation of which is currently under discussion by interested parties. Mr Larsen said Statoil is interested in...
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