19 jul: UPDATE: Verizon 2nd Quarter Profit Up 13% on Continued Wireless G..
19 jul: Correction to Deutsche Telekom Compensation Story
19-07-2012 15:06:00

BP Approached By Azerbaijan Oil Company To Participate In Gas Pipeline

Relateret indhold
Relateret debat
15 jan - 
ja nu oplever de bare det samme som vi andre har været ..
15 jan - 
ja og lønnen kan sagtens sættes 50% ned og de vil stadi..
15 jan - 
Fair nok at sætte skatten ned på olieudvinding i disse ..

By Olga Razumovskaya in Moscow and Aida Sultanova in Baku

MOSCOW--BP (BP.LN) has been approached by the State Oil Company of Azerbaijan Republic, SOCAR, to participate in the Trans-Antolian gas pipeline, or TANAP, project, Al Cook, vice-president of Shah Deniz Development for BP, told reporters Thursday.

"We have received a formal invitation from SOCAR to join TANAP," said Mr. Cook. "We will support SOCAR with our experience in operating pipelines and therefore we would like to have enough material stake to support and contribute to the project."

TANAP is a proposed natural gas pipeline from Azerbaijan through Turkey to Europe, which would transport gas from the second stage of the Shah Deniz gas field, the largest natural gas field in Azerbaijan, situated in the South Caspian Sea.

Shah Deniz Stage 2 is expected to add a further 16 billion cubic meters a year of gas production to the 9 billion from Shah Deniz Stage 1.

"We want to develop these pipelines to understand them better, to understand how much they are going to cost, to understand what gas markets they can reach," Mr. Cook said.

"Then, once we have a better understanding of the value and risks of the pipelines, we will make a decision on whether we select TAP or Nabucco West [two competing pipelines]," he added.

"We will treat TAP and Nabucco West, the two European pipeline options, equally and in the same way. We will sign the same agreements with both projects. Although we have reached an agreement in principle to take equity in TAP, we also plan to reach an agreement to take equity in Nabucco West," Mr. Cook said.

Previously, SOCAR president Rovnag Abdullaev said that the company is interested in attracting new participants to the TANAP project, in which it has 80%. He said that several companies expressed their interest including BP, Statoil (STL.OS) and Total (FP.FR).

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 19, 2012 09:06 ET (13:06 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

FLSmidth: Kobberprisen gjorde comeback i februar

27-02-2015 15:57:04
Kobberprisen har gjort et lille comeback i februar, hvor det for FLSmidth så vigtige metal har klaret sig bedst blandt industrimetallerne noteret på London Meta..

Maersk Drilling/CEO: Raterne er faldet markant

27-02-2015 12:39:21
De fede år er ovre, og nu står den på smalhals i store dele af oliebranchen, både for producenterne og underleverandørerne.Det rammer Maersk Drilling og branche..

Aktier/åbning: Investorerne vender tomlen op for NKT

27-02-2015 09:32:27
Regnskabet fra det danske industriselskab NKT giver anledning til at sende aktien yderligere til vejrs. Sådan lyder dommen fra investorerne fredag morgen, hvor ..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

BP PLC $0.25 448,05 0,0% Stigning i aktiekurs
Total 48,24 2,1% Stigning i aktiekurs
Total S.A. 53,63 1,2% Stigning i aktiekurs
BP p.l.c. 41,44 0,2% Stigning i aktiekurs
Statoil ASA 18,81 -0,6% Fald i aktiekurs
Total S.A. Total ORD SHS 47,99 1,9% Stigning i aktiekurs
Statoil 144,10 -0,9% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.

Copyright Euroinvestor A/S 2015  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
28. februar 2015 21:46:45
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20150225.2 - EUROWEB2 - 2015-02-28 21:46:45 - 2015-02-28 21:46:45 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x