VOL. XLI

No. 30

27-July-1998

FSU

Azerbaijan And UK Oil Firms Sign Deals During Aliyev Visit

Azerbaijani President Haydar Aliyev has paid a state visit to the UK, where on 21 Julyhe and British Prime Minister Tony Blair witnessed the signing of three production-sharingagreements (PSA) with British oil companies. Together the deals could add up to $13bn ininvestment in Azerbaijan's oil industry. The first was a production sharing contract withthe British Petroleum/Statoil Alliance. BP and Statoil...