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Shah Deniz secures European customers

BP says its Shah Deniz project in Azerbaijan’s section of the Caspian Sea has buyers lined up in Europe, but observers are sceptical this will help advance the country’s other projects.

BP-Azerbaijan extracted 4.8 bcm of gas at the Shah Deniz field in H1 2013. (BP plc) BP-Azerbaijan extracted 4.8 bcm of gas at the Shah Deniz field in H1 2013. (BP plc)

BP says its Shah Deniz project in Azerbaijan’s section of the Caspian Sea has buyers lined up in Europe, but observers are sceptical this will help advance the country’s other projects.