BP, Statoil Move Forward with Shah Deniz Stage Two

Shah Deniz Stage Two Plans Have Been Confirmed

BP, Statoil and its partners have made the decision to go ahead and move forward with the Stage Two development of the giant Shah Deniz gas field in the Caspian Sea, offshore Azerbaijan.

The decision will also trigger plans to expand the South Caucasus Pipeline through Azerbaijan and the Republic of Georgia as well as plans to construct both the Trans Anatolian Gas Pipeline across Turkey and the Trans Adriatic Pipeline across Greece, Albania and into Italy.

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