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How will BP’s new strategy affect business in Azerbaijan?

Oil&Gas Materials 6 August 2020 11:09 (UTC +04:00)
How will BP’s new strategy affect business in Azerbaijan?

BAKU, Azerbaijan, Aug.6

By Leman Zeynalova – Trend:

BP is absolutely committed to continuing to operate a safe, reliable and resilient oil and gas business in Azerbaijan, BP Azerbaijan told Trend answering the question whether the company’s new strategy will affect its business in Azerbaijan.

“In Azerbaijan, we have the responsibility to explore and develop the country’s major oil and gas resources. We remain committed to that responsibility which is very important to us,” the company said.

BP Azerbaijan said it will continue to be successful in everything it does in this country by maintaining the industry-leading position of the company’s oil and gas business here in terms of quality.

“So, we are absolutely committed to continuing to operate a safe, reliable and resilient oil and gas business in Azerbaijan and generate revenues to the nation and our shareholders. We have been present in Azerbaijan and the Caspian region for around three decades investing in production, transportation and exploration. We will continue our oil and gas business here including investment in exploration in decades to come while we also will continue to look for opportunities to expand our relationship with Azerbaijan and the region on a range of other areas of our long-term energy partnership,” said the company.

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Follow the author on Twitter: @Lyaman_Zeyn

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