Azerbaijan, Baku, Oct.26 / Trend /
The partners in the development of the Azerbaijani Shah Deniz field welcome the signing of an agreement to purchase Azerbaijani gas, its transit and an intergovernmental agreement between Azerbaijan and Turkey signed on Oct. 25, BP-Azerbaijan Foreign Relations Department head Tamam Bayatli told Trend on Wednesday.
"The signed agreements will contribute to BP and its partners' efforts on the development of the Shah Deniz field, making a final investment decision on the implementation of the second phase of its development, as well as the implementation of the Southern Gas Corridor projects," Bayatli said.
She said the signing of these documents will allow the Shah Deniz consortium to continue choosing a pipeline for gas export to Europe, as well as approve agreement on gas sale with potential buyers.
The transit agreement is necessary for the implementation of projects of Azerbaijani gas transportation to Europe within the Southern Gas Corridor.
The gas produced during the second stage of Shah Deniz field development is regarded as the main source for the Southern Gas Corridor project. Within Shah Deniz-2 project, Azerbaijan is planning to deliver 10 billion cubic meters of gas to Europe.