Azerbaijan Exploration Contracts Begin To Mount Up
At least a dozen contracts have been signed or initialed by theAzerbaijani Government with foreign oil companies since 1994 and more are undernegotiation. The following is a list of major exploration and production-sharing contractssigned or initialed:
1. Azerbaijan International Operating Company (AIOC) (Offshore)
Shareholders: British Petroleum (17.1276%, UK); Amoco (17.01%, US);Unocal (10.0489%,US); Lukoil...