The key issue: BP is poised to start a two-year drilling programme in Azerbaijan’s section of the Caspian Sea. The timing coincides with the allocation process for the second phase of the Trans-Adriatic Pipeline, giving BP an option for exporting potential discoveries to Europe.
Interfax analysis: BP’s next drilling programme in Azerbaijan could be good news for the future of the Southern Gas Corridor pipeline network and Brussels’ efforts to diversify European gas supplies.
The company is set to start drilling in the Shafag-Asiman field this year...
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