SANGACHAL, Azerbaijan (AFX) – State oil company SOCAR said the reason for delays in the development of the BP PLC-operated gas field Shah Deniz, is a dispute about the escalating cost of the project, not doubts about Turkish demand, as BP has claimed. The project has already been delayed, and BP said last week it…
AZERBAIJAN: Azeris say BP gas field delay caused by cost rise, not doubts on Turkey demand
Posted on September 27, 2002 by EnergyAsia