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Azerbaijan advocates speed up Shah Deniz Phase 2 Minister of Industry

Politics Materials 27 June 2006 17:51 (UTC +04:00)
Azerbaijan advocates speed up Shah Deniz Phase 2  Minister of Industry

Azeri Ministry of Industry and Energy advocates speeding up implementation of Phase 2 under Shah Deniz project,Trend reports. Today Minister of Industry and Energy Natik Aliyev said the partners on Shah Deniz project are spoken with on commencing Phase 2 by 2010.

В"Earlier BP (operator) announced the Phase 2 commencement for the year 2012. The project commercial operator, Statoil, named 2010-12 and SOCAR said of 2010. At the moment we are talking namely of the year 2010В", - Aliyev said.

He said acceleration of Phase 2 will allow receive additional 8bn m3 of gas a year. В"Such an amount will become the result of accelerated drilling within Phase 1В", - he concluded.

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