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Azerbaijan Should Become Big Gas Exporter to Europe under Stage 2 of Shah Deniz Project

Politics Materials 14 December 2006 16:21 (UTC +04:00)
Azerbaijan Should Become Big Gas Exporter to Europe under Stage 2 of Shah Deniz Project

Ian Heiberg, Norway Statoil Azerbaijan Vice President on Gas, said on December 14, that the implementation of Stage 2 of the Shah Deniz Gas Field Development is scheduled for 2012, Trend reports.

The Company Vice President ruled out the adoption of any resolution under Stage 2 until 2009.

Before ratifying Stage 2 it is necessary to conclude an agreement on gas sale with the countries, he said. Mr. Heiberg said that Statoil hopes that Azerbaijan, under Stage 2 will export gas to Europe.

Gas to be lifted in the second stage should be a locomotive to make Azerbaijan a big gas exporter to Turkey and Europe, he said.

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