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BP to Remain Partner in Shah Deniz Project - Azerbaijan's energy minister

Oil&Gas Materials 19 July 2010 01:24 (UTC +04:00)
BP will remain a partner in Azerbaijan’s largest natural-gas field at Shah Deniz, Azerbaijan`s Minister of Industry and Energy Natig Aliyev told Bloomberg in an interview in Batumi, Georgia, on Sunday.
BP to Remain Partner in Shah Deniz Project - Azerbaijan's energy minister

BP will remain a partner in Azerbaijan's largest natural-gas field at Shah Deniz, Azerbaijan`s Minister of Industry and Energy Natig Aliyev told Bloomberg in an interview in Batumi, Georgia, on Sunday.

 "We are not looking at any means of changing BP as our main partner, or even finding other investors," Natig Aliyev said. "The consortium is already formed, things are going well, and it is not discussed."

According to the minister, Gazprom may buy more gas from Shah Deniz, though there are no plans to sell stakes in the Azerbaijani field.

"BP will stay," the minister said. "I wouldn't want BP to leave this project."

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