1. BP And Partners To Invest $8Bn Plus In AIOC And Shah Deniz Projects

    ...d that this figure will rise to $5bn/year by 2011. He said that by 2007 the two projects would be producing 50mn tons/year of oil equivalent. Figures released earlier by BP forecast production from the ACG oilfields reaching 1mn b/d – the volume required to make the BTC pipeline viable – by the end of...

    Volume: 44
    Issue: 20
    Published at Mon, 14 May 2001